Zinc Futures Trading Reflects Weaker Physical Demand

Zinc Futures Trading Reflects Weaker Physical Demand.webp

New Delhi, February 26 Zinc prices fell by Rs 1.05 to Rs 327.45 per kg in futures trading on Thursday, as speculators reduced their exposure, driven by negative signals from the spot market.

On the Multi Commodity Exchange, zinc contracts for March delivery declined by Rs 1.05, or 0.32 percent, to Rs 327.45 per kilogram in a trading volume of 3,933 lots.

Analysts said that the reduction in positions by participants, due to weakened demand from consuming industries in the physical market, primarily weighed on zinc prices.
 
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