 "Zinc rises by 0.1% on overseas cues")
Zinc futures edged up 0.15% to Rs 133.05 per kg as speculators created positions amid a rising trend in base metals overseas and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in July was up 20 paise, or 0.15%, to Rs 132.35 per kg, with a business turnover of 679 lots.
The metal for delivery in August also rose a similar margin to trade at Rs 133.05 per kg, with a business turnover of 19 lots.
Globally, zinc for delivery in three months increased as much as 0.8% to trade at nearly 1-month high of $2,093 per tonne at LME.
At the Multi Commodity Exchange, zinc for delivery in July was up 20 paise, or 0.15%, to Rs 132.35 per kg, with a business turnover of 679 lots.
The metal for delivery in August also rose a similar margin to trade at Rs 133.05 per kg, with a business turnover of 19 lots.
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Marketmen said strength in metal at the London Metal Exchange (LME) after data showing global usage exceeded production in May drove the upside in zinc prices.
Globally, zinc for delivery in three months increased as much as 0.8% to trade at nearly 1-month high of $2,093 per tonne at LME.