Zinc futures down 0.21 pc on subdued demand

NEW DELHI, Feb 15: Zinc futures prices today fell 0.21 per cent to Rs 117.05 per kg as participants reduced their positions,triggered by a subdued demand at spot markets.
At the Multi Commodity Exchange, zinc for delivery in February traded lower by 25 paise, or 0.21 per cent, to Rs 117.05 per kg, with a business turnover of 686 lots.
The metal for delivery in March fell by a similar margin to trade at Rs 117.90 per kg in a turnover of 82 lots.
Marketmen said the fall in zinc prices at futures trade was mostly in line with a weak trend at the spot markets due to subdued demand but metal’s strength at the London Metal Exchange, limited the fall. (PTI)