NEW DELHI, Sept 22: Zinc futures fell 0.73 per cent today as participants reduced exposure on a weak trend in base metals in the global market and subdued spot demand.
At the Multi Commodity Exchange, zinc for delivery in October traded lower 80 paise, or 0.73 per cent, to Rs 108.70 per kg, with a business turnover of 91 lots.
The metal for delivery in the current month fell 75 paise, or 0.69 per cent, to Rs 107.35 per kg in a turnover of 666 lots.
Traders said the fall in zinc prices in futures trade was mostly in tandem with a weak trend in metal at the London Metal Exchange (LME) where it dropped to the lowest level since 2010 on rising global stock.
Globally, zinc fell as much as 1.5 per cent to USD 1,633 per tonne at LME, the lowest since June 2010. (PTI)
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