New Delhi, April 2 Zinc prices fell by Rs 2.80 to Rs 322.70 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 May delivery decreased by Rs 2.80, or 0.86 percent, to Rs 322.70 per kilogram in a trading volume of 29 lots.
Analysts said that the reduction in positions by participants, due to weakened demand from consuming industries in the physical market, mainly influenced zinc prices.
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