Zinc futures down on muted demand

New Delhi, Feb 19 (PTI) Zinc prices on Friday fell 0.11 per cent to Rs 233.85 per kg in the futures trade as speculators reduced their exposure taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for the February delivery traded lower by 25 paise, or 0.11 per cent, to Rs 233.85 per kg in 2,117 lots.

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