Zinc up 0.3% on global cues

A firm global trend and better domestic demand helped prices

Zinc futures prices today edged up by 0.34% to Rs 133.30 per kg amid a firm global trend and better domestic demand, as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in April edged up by 45 paise, or 0.34%, to Rs 133.30 per kg, with a business turnover of 17 lots.

Likewise, the metal for delivery in March traded higher by 35 paise, or 0.26%, to Rs 132.60 per kg, with a business turnover of 394 lots.

Marketmen attributed rise in zinc prices at futures trade to improved demand in the spot market and a firming trend in metal at the London Metal Exchange.