Muted demand drags zinc futures by 0.29%
19/08/2016 10:47
Zinc futures were trading lower during the morning trade in the domestic market on Friday as investors and speculators widened their bets amid a decline in the spot demand from consuming industries at the domestic spot markets. Further, a fall in demand for zinc at the domestic spot market was due to cut down of bets by traders in the spot markets, influenced zinc prices at futures trade. At that MCX, zinc futures for August 2016 contract is trading at Rs 153.10 per kg, down by 0.29 per cent, after opening at Rs 153.20, against a previous close of Rs 153.55. It touched the intra-day low of Rs 152.80 (at 10:41 hours).
19/08/2016 10:47
