Zinc futures down on muted demand

New Delhi, Jun 29 (PTI) Zinc prices on Monday fell 0.21 per cent to Rs 164.20 per kg in futures trade as speculators reduced their exposure taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc for delivery in July was trading lower by 35 paise, or 0.21 per cent, at Rs 164.20 per kg in 1,981 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc futures prices here. PTI SHW RUJ RUJ