Zinc up 0.3% on firm spot demand, global cues

Zinc for delivery in August traded higher by 0.22%

Zinc futures prices today edged up by 0.31% to Rs 112.90 per kg today, largely on firm demand at domestic markets amid a firming trend overseas.

At the Multi Commodity Exchange, zinc for delivery in July increased by 35 paise, or 0.31%, to Rs 112.90 per kg, with a business turnover of 376 lots.

Likewise, zinc for delivery in August traded higher by 25 paise, or 0.22%, to Rs 114.20 per kg in a turnover of 14 lots.

Traders said besides improved spot demand, a firming trend in copper and other base metals overseas after China's economy grew in in the second quarter in line with expectations, helped zinc to trade in positive zone at futures trade here.