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Zinc futures down on muted demand

New Delhi, Mar 11 (PTI) Zinc prices on Monday fell 0.16 per cent to Rs 220.70 per kilogram in the futures trade as speculators reduced their exposure, taking negative cues from the spot market.

New Delhi, Mar 11 (PTI) Zinc prices on Monday fell 0.16 per cent to Rs 220.70 per kilogram in the futures trade as speculators reduced their exposure, taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for March delivery traded lower by 35 paise or 0.16 per cent at Rs 220.70 per kg in 3,831 lots.

Analysts said trimming of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices. PTI HG SHW

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