India, Feb. 6 -- Zinc prices declined in futures trade on Friday as participants pared positions amid weak demand cues from the spot market.
On the Multi Commodity Exchange (MCX), zinc contracts for March delivery slipped by 45 paise, or 0.14 percent, to Rs 322.80 per kg, with a business turnover of 1,274 lots.
Analysts attributed the decline to reduced buying interest from consuming industries in the physical market, which prompted speculators to trim their exposure, weighing on zinc prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....