Zinc futures slide on subdued demand

Advertisement
Zinc futures slide on subdued demand
New Delhi, Jan 21 () Zinc prices on Tuesday fell by Rs 3 to Rs 186.75 per kg in futures trade as speculators cut bets amid easing demand at spot market.

On the Multi Commodity Exchange, zinc contracts for December delivery moved down by Rs 3, or 1.58 per cent, to Rs 186.75 per kg in a business turnover of 1 lots.

Advertisement
Advertisement
Analysts said offloading of positions by traders owing to slackened demand from consuming industries in physical market mainly weighed on zinc prices in futures trade here. VHP SHW SHW
{{}}

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)

Next StoryCopper futures slide on tepid demand