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HomeBusinessZinc futures fall on weak demand

Zinc futures fall on weak demand

New Delhi, May 5 (PTI) Zinc prices on Thursday fell 0.13 per cent to Rs 334.55 per kg in futures market as speculators reduced their positions, taking weak cues from the spot market.

On the Multi Commodity Exchange, zinc for delivery in May fell by 45 paise, or 0.13 per cent, to Rs 334.55 per kg. It had a business turnover of 1,163 lots.

Market analysts said offloading of positions by participants on weak demand from consuming industries at the spot market mainly led to the fall in zinc futures prices.

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