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Amid low domestic demand and weak global trend, zinc prices fell by 0.36% to Rs 112.05 per kg in futures trade today as speculators reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in August declined by 40 paise, or 0.36%, to Rs 112.05 per kg in business turnover of eight lots.
In July, zinc traded lower by 35 paise, or 0.32%, to Rs 110.65 per kg in 285 lots.
Globally, zinc fell 0.5% to $1,859 per tonne at the London Metal Exchange.
Market analysts said that sluggish domestic demand in the domestic spot market, mainly influenced zinc prices at futures trade.
Weak global trends following unexpected decline in China's exports and importers, raised concern that slowing economic growth will hurt the metal's demand.
