Zinc futures were trading lower during the morning trade in the domestic market on Tuesday as participants trimmed their positions led by a decline in the spot demand from consuming industries at the domestic spot markets.
Further, a fall in demand for zinc at the domestic spot market was led by cutting down of bets by traders in the spot markets, influenced zinc prices at futures trade.
At that MCX, zinc futures for August 2016 contract is trading at Rs 151.85 per kg, down by 0.46 per cent, after opening at Rs 152.20, against a previous close of Rs 152.55. It touched the intra-day low of Rs 151.85
Further, a fall in demand for zinc at the domestic spot market was led by cutting down of bets by traders in the spot markets, influenced zinc prices at futures trade.
At that MCX, zinc futures for August 2016 contract is trading at Rs 151.85 per kg, down by 0.46 per cent, after opening at Rs 152.20, against a previous close of Rs 152.55. It touched the intra-day low of Rs 151.85
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