Zinc futures down on muted demand

New Delhi, May 14 (PTI) Zinc prices on Friday fell 0.15 per cent to Rs 229.30 per kg in futures trade as speculators reduced their exposure taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for May delivery traded lower by 35 paise, or 0.15 per cent, to Rs 229.30 per kg in 1,899 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 ANU ANU

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