Zinc futures down on muted demand

News

Zinc prices fell 1.46 per cent to Rs 222 per kg in futures trade on Monday as speculators reduced their exposure taking negative cues from spot market.

On the Multi Commodity Exchange, zinc contracts for November delivery traded lower by Rs 3.30, or 1.46 per cent, at Rs 222 per kg in 1,097 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices here.

Articles You May Like

The “One Candle” Trading Strategy That Makes Me $10,000/Month
How to trade FOREX LEGALLY in INDIA (Full Roadmap)
Learn Forex Trading For Free With Trade Max Academy – Complete Course By Arun Murali In Malayalam
ফরেক্স শিখুন : Complete Forex Trading Full Course in 2025 | বাংলা সম্পূর্ণ গাইড 📈
Forex Trading | Making 100K + trading the Forex Market 💰💰🙏🏾🙏🏾💥💥

Leave a Reply

Your email address will not be published. Required fields are marked *