India, March 13 -- Zinc prices declined 55 paise to Rs 328 per kg in futures trade on Friday as speculators reduced their positions following weak cues from the spot market.
On the Multi Commodity Exchange of India (MCX), zinc contracts for April delivery slipped 55 paise, or 0.17%, to Rs 328 per kg, with a business turnover of 78 lots.
Market analysts said position trimming by participants amid subdued demand from consuming industries in the physical market weighed on zinc futures prices.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....