India, Dec. 18 -- Zinc prices edged lower in futures trade on Thursday, falling Rs 1.85 to Rs 302.60 per kg, as speculators reduced their positions amid weak cues from the spot market.
On the Multi Commodity Exchange (MCX), zinc contracts for January delivery declined by Rs 1.85, or 0.61 per cent, to Rs 302.60 per kg, with a turnover of 2,021 lots.
Analysts said prices were pressured by reduced buying interest, as slack demand from consuming industries in the physical market prompted traders to trim their exposure.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....