Zinc prices fell by 0.35% in the futures market today as speculators took stock of weak cues from the London Metal Exchange and sluggish domestic spot demand.
On the Multi Commodity Exchange, zinc for delivery in November edged lower by 35 paise, or 0.35%, to Rs 100.75 per kg in 131 lots.
The metal for December contract delivery also shed 30 paise, or 0.30%, to Rs 101.30 per kg, with an open interest for 94 lots.
Market analysts said subdued demand in the domestic spot market and a weak trend in base metals on the London Metal Exchange was responsible for the fall in zinc prices in futures trade here.
Meanwhile, zinc was being quoted 0.8% lower at $1,943 per tonne in early trade on the LME.
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