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Amid a weak trend in the global markets and sluggish domestic demand, zinc futures today fell 0.21% to Rs 116.75 per kg as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in January traded lower by 25 paise, or 0.21%, to Rs 116.75 per kg, with a business turnover of six lots.
The metal for delivery in current month fell by 20 paise, or 0.17%, to Rs 115.55 per kg in a turnover of 110 lots.
Marketmen said the fall in zinc prices at futures trade was mostly due to subdued spot demand and a weak trend in the base metals overseas on speculation the US Federal Reserve will start scaling back asset purchases as the economy improves.
