Zinc up 0.5% on spot demand

Firming trend in copper and other base metals overseas supported the trade here

Zinc futures prices today firmed up by 0.49% to Rs 101.65 per kg amid a positive global trend and better domestic demand, as speculators created positions.

At the Multi Commodity Exchange (MCX), the May contract went up by 50 paise, or 0.49%, to Rs 101.65 per kg in 461 lots.

The June contract also rose by 45 paise, or 0.44%, to Rs 102.50 per kg in 45 lots.

Marketmen said besides improved demand in the spot market, a firming trend in copper and other base metals overseas, supported the upside in zinc prices at futures trade.