Zinc Futures Trade Down Amidst Lower Demand

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Zinc Prices Decline in Futures Trading​

Zinc Prices Fall to Rs 304.10 per kg​

New Delhi, March 23 – Zinc prices experienced a decline in futures trading on Monday, falling by Rs 3.10 to Rs 304.10 per kg.

The decrease occurred on the Multi Commodity Exchange (MCX) where zinc contracts for April delivery decreased by Rs 3.10, representing a 1.01 percent reduction, to Rs 304.10 per kilogram. Trading volume for the session was 269 lots.

Analysts attributed the price drop to a reduction in positions held by participants, driven by decreased demand from consuming industries in the physical market.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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