Amid a firming trend in global markets, zinc prices edged higher by 0.59% to Rs 102.45 per kg in futures trading today on increased buying by speculators.
Rising demand at the domestic spot markets also supported the uptrend in zinc futures.
At the Multi Commodity Exchange, zinc for delivery in March traded higher by 60 paise, or 0.59%, to Rs 102.45 per kg, with a business turnover of 1,868 lots.
April zinc edged up by 60 paise, or 0.58%, to Rs 103.55 per kg, with an open interest of 76 lots.
Analysts attributed the rise in zinc futures to a firming trend in global markets and increased demand in the spot market.
Meanwhile, zinc gained 0.7% to $2,025.50 a tonne on the London Metal Exchange.
