Zinc up by 0.1% on global cues

Zinc futures edged up by 0.15% to Rs 130.65 per kg today as speculators enlarged positions amid a firm global trend and better domestic demand.

At the Multi Commodity Exchange, zinc for delivery in the current month rose 35 paise, or 0.15%, to Rs 130.65 per kg, with a business turnover of 263 lots.

Likewise, the metal for delivery in March traded higher by 20 paise, or 0.15%, to Rs 131.50 per kg in a turnover of 17 lots.

Marketmen said besides improved spot demand, a firming trend in base metals overseas, led to the rise in zinc prices at futures trade here.