Zinc down 0.3% on profit-booking

Metal for delivery in November traded lower by 0.26%

Amid profit-booking by speculators, zinc futures prices today edged lower by 0.30% to Rs 115 per kg.

At the Multi Commodity Exchange, zinc for delivery in December shed 35 paise, or 0.30%, to Rs 115.95 per kg, with a business turnover of 131 lots.

Likewise, the metal for delivery in November traded lower by 30 paise, or 0.26%, to Rs 114.80 per kg, with a business turnover of 136 lots.

Marketmen said profit-booking by participants, led to a marginal fall in zinc prices at futures trade but a firming trend overseas, capped the gains.