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Tracking a weakening trend overseas and subdued domestic demand, zinc futures prices today fell by 0.42% to Rs 130.45 per kg as participants reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in April traded lower by 55 paise, or 0.42%, to Rs 130.45 per kg, with a business turnover of 45 lots.
The metal for delivery in March fell by 45 paise, or 0.35%, to trade at Rs 129.90 per kg in a turnover of 474 lots.
Marketmen attributed fall in zinc prices at futures trade was mostly in tune with a weak trend overseas where copper and other base metals declined and subdued demand at domestic spot markets.
