Zinc prospects plunge on quelled request


Posted Wednesday 11th July 2018 11:41:28 AM by Mridul

Zinc prospects were exchanging lower amid the evening exchange the residential market on Tuesday as examiners trimmed positions in the midst of facilitating request in the spot advertise. Examiners said offloading of positions by members on the back of lukewarm request in the spot markets, essentially prompted decrease in zinc costs at fates exchange.

At the MCX, zinc fates for July 2018 contract was exchanging at Rs 182.50 for every kg, around 1.64 for every penny, subsequent to opening at Rs 186.25, against a past close of Rs 185.55. It contacted the intra-day low of Rs 181.55
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