Zinc Prices Decline on Reduced Speculator Exposure.webp

New Delhi, March 19 Zinc prices fell by Rs 4.25 to Rs 311.60 per kg in futures trading on Thursday, as speculators reduced their exposure, following negative signals from the spot market.

On the Multi Commodity Exchange, zinc contracts for April delivery declined by Rs 4.25, or 1.35%, to Rs 311.60 per kilogram in a trading volume of 203 lots.

Analysts said that the reduction in positions by participants, due to weakened demand from consuming industries in the physical market, primarily affected zinc prices.
 
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april delivery commodity prices consuming industries demand futures trading india market speculation multi commodity exchange new delhi spot market trading volume zinc zinc prices
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