Zinc down 0.5% on sluggish demand

Zinc futures for April traded lower by 50 paise, or 0.46%, to Rs 108.60 per kg in 115 lots.     

At the Multi Commodity Exchange (MCX), the March contract fell by 45 paise, or 0.42%, to Rs 107.80 per kg in 1,947 lots.

Prices were affected as participants reduced their positions amid sluggish domestic demand.

Weak trend in the base metals overseas after a drop in US factory orders that fuelled demand concerns affected the zinc futures trade here.