Zinc futures down on muted demand

New Delhi, Oct 29 (PTI) Zinc prices on Thursday fell by 0.05 per cent to Rs 201.25 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market.

On the Multi Commodity Exchange, zinc contracts for November delivery traded lower by 10 paise, or 0.05 per cent, at Rs 201.25 per kg in 3,145 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 RUJ RUJ