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Zinc futures slide 0.19% on diminishing demand
05 Oct 2016
Zinc futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators trimmed their positions in the industrial metal amid a fall in demand from consuming industries at the domestic spot markets.

Further, participants cut down their bets in the industrial metal due to a slide in demand from consuming industries, influenced prices of zinc at futures trade. At the MCX, zinc futures for October 2016 contract is trading at Rs 158.15 per kg, down by 0.19 per cent, after opening at Rs 158.35, against a previous close of Rs 158.45. It touched the intra-day low of Rs 158.05 (at 11:06 hours).

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