Zinc futures down 0.25 per cent on low demand

NEW DELHI, Oct 7:  Amid subdued demand at domestic spot markets, zinc futures today fell by 0.25 per cent to Rs 142.45 as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in November traded lower by 35 paise, or 0.25 per cent, to Rs 142.45 per kg, with a business turnover of 10 lots.
The metal for delivery in current month fell 30 paise, or 0.21 per cent, to Rs 141.85 per kg in a business volume of 283 lots.
Marketmen said the fall in zinc prices at futures trade was mostly in tandem with a weak trend at domestic spot markets due to subdued demand though the metals’ gain overseas, limited the fall. (PTI)