Zinc futures ease on low demand

New Delhi, Feb 19 () Zinc prices on Wednesday fell 0.23 per cent to Rs 171.90 per kg in futures trade as speculators cut bets amid easing demand at spot market.

On the Multi Commodity Exchange, zinc contracts for May delivery moved down by 40 paise, or 0.23 per cent, to Rs 171.90 per kg in a business turnover of 3 lots.

Analysts said offloading of positions by traders owing to slackened demand from consuming industries in physical market mainly weighed on zinc prices in futures trade here. VHP SHWSHW