New Delhi

Zinc prices on Monday fell Rs 1.50 to Rs 374.85 per kg in futures trade as speculators reduced their exposure, tracking negative cues in the spot market.

On the Multi Commodity Exchange, zinc contracts for July delivery slipped by Rs 1.50, or 0.4 per cent, to Rs 374.85 per kilogram in a business turnover of 382 lots.

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