Zinc futures down on muted demand

New Delhi, Aug 21 (PTI) Zinc prices on Monday fell by 0.05 per cent to Rs 209.40 per kilogram in the futures trade as speculators reduced their exposure taking negative cues from the spot market.

On the Multi Commodity Exchange, zinc contracts for August delivery traded lower by 10 paise or 0.05 per cent at Rs 209.40 per kg in 3,252 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market mainly weighed on zinc prices.