Zinc Futures down 0.17 pc on Overseas Trend, Subdued Demand

  • Wednesday, October 30, 2013
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  • Keywords:Zinc
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Zinc futures prices today fell by 0.17 per cent to Rs 120.30 per kg, largely in line with a weak trend in the overseas markets and subdued spot demand.
 
At the Multi Commodity Exchange, Zinc for delivery in November traded 20 paise, or 0.17 per cent, lower at Rs 120.30 per kg with a business turnover of 17 lots.
 
Likewise, the metal for delivery in current month fell by 10 paise, or 0.08 per cent, to trade at Rs 119.05 per kg, with a business turnover of 137 lots.
 
Marketmen said besides sluggish domestic demand, a weak trend in select base metals in the global markets and subdued domestic demand, led to the fall in zinc futures prices here.
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