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Zinc Futures Ease on Weak Demand, Speculators Cut Positions

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Dion Global

01 Feb 2026

Zinc futures declined on Sunday, with prices falling Rs 3.20 to Rs 319.20 per kg, as speculators reduced their exposure amid negative cues from the spot market.

On the Multi Commodity Exchange, the February delivery contract slipped 0.33%, trading lower by Rs 1.05, with a business turnover of 3,577 lots.

Analysts said the dip was largely driven by position trimming and soft demand from consuming industries, which continued to weigh on zinc prices.