Zinc futures down on muted demand

New Delhi, Nov 12 (PTI) Zinc prices on Thursday fell 0.26 per cent to Rs 208.95 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 November delivery traded lower by 55 paise, or 0.26 per cent, to Rs 208.95 per kg in 3,362 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