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Amid subdued domestic demand and weak global trend, zinc prices fell by 0.4% to Rs 112.70 per kg in futures trade today as speculators reduced their positions.
At the Multi Commodity Exchange, zinc for delivery in August declined by 45 paise, or 0.40%, to Rs 112.70 per kg in business turnover of 774 lots.
Likewise, the metal for delivery in September traded lower by 35 paise, or 0.31%, to Rs 113.75 per kg in 22 lots.
Market analysts said besides sluggish domestic demand in spot market, weak global trend will also dampen demand.
