Zinc prices fell by Rs 0.50, or 0.51 per cent, to Rs 98.20 per kg in futures trade today after traders reduced their positions at prevailing levels, tracking weak global markets.
Subdued trend at the physical market owing to sluggish demand was another factor behind the fall in zinc futures prices.
At the Multi Commodity Exchange counter, zinc for delivery in August contract fell by Rs 0.50, or 0.51 per cent, to Rs 98.20 per kg, with a turnover of 437 lots.
The metal for delivery in September also fell by Rs 0.40, or 0.40 per cent to Rs 99.30 per kg, with a turnover of 33 lots.
Marketmen said emergence of profit-booking at prevailing prices and weak trend overseas, also put pressure on zinc prices in futures trade.