Zinc up by 0.1% on spot demand

Zinc futures was today marginally up by 0.10% to Rs 103.20 per kg as participants enlarged positions amid a firming trend at the spot markets on better domestic demand.

At the Multi Commodity Exchange, zinc for delivery in December rose by 10 paise, or 0.10%, to Rs 103.20 per kg, with a business turnover of 70 lots.

According to marketmen, a firming trend at at the domestic spot markets following better demand from consuming industries, supported the upside in zinc prices in futures trade but metal's weakness overseas, capped the gains.

Also, metal for delivery in current month edged up by five paise, or 0.05% to Rs 102.05 per kgin business volume of 1,201 lots.