Zinc up by 0.2% aided by spot demand

Zinc futures were marginally up 0.18% to Rs 142.80 per kg as speculators created positions amid a firming trend in base metals overseas and better domestic demand.

Zinc for delivery in May was up by 25 paise, or 0.18%, to Rs 142.80 per kg, with a business turnover of 300 lots in futures trading at the Multi Commodity Exchange.

The metal for delivery in June also rose 20 paise, or 0.17% to Rs 143.15 per kg, with a business turnover of 146 lots.

Marketmen said besides a firming trend at domestic spot market, strength in select base metals at the London Metal Exchange supported the upside in zinc prices at futures trade.