New Delhi, February 16 Zinc prices edged lower to ₹323 per kilogram in futures trading on Monday, tracking weak global cues and subdued demand from consuming industries in the spot market.
On the Multi Commodity Exchange, zinc futures for February delivery slipped 60 paise, or 0.19 percent, to ₹323 per kilogram in a business turnover of 1,755 lots.
The March contract also fell by ₹1.20, or 0.37 percent, to ₹326 per kg in 2,908 lots.
Analysts said the weakness in zinc prices was mainly influenced by the soft trend in global markets and low buying interest from domestic industries.
In the international markets, zinc futures on the London Metal Exchange (LME) decreased by USD 23.15, or 0.69 percent, to USD 3,324.20 per 25 metric tonne.
