Meanwhile, tin and copper sheet cutting prices rose on stockists buying amidst firm demand from industrial users.
Globally, lead fell on early trade at the LME, after a weaker technical close pushed investors to take profits and after the metal rose more than five percent this month as it slipstreamed zinc.
Article Source: http://www.ptinews.com/news/4976940_Select-base-metals-slip-on-subdued-demand.html
Publication Date: 30 July 2014
Zinc sheds 0.28% on global cues, sluggish demand
Zinc prices eased 0.28 per cent to Rs 143.55 per kg in futures trade today as speculators trimmed positions amid a weak trend overseas.
Besides, low demand in domestic spot markets fuelled the downtrend. Market analysts attributed the fall in zinc futures to a weak global trend and subdued demand from consuming industries at domestic spot markets.
Article Source: http://www.business-standard.com/article/pti-stories/zinc-futures-fall-0-28-on-global-cues-sluggish-demand-114080100597_1.html