Zinc prices drifted by Rs 0.40, or 0.41 per cent, to Rs 98.25 per kg in futures trade today after traders offloaded their positions to book profits.
Weak trend at physical markets on sluggish demand from the consuming industries was another factor behind the fall in zinc futures prices.
At the Multi Commodity Exchange counter, zinc for delivery in August contract fell Rs 0.40, or 0.41 per cent, to Rs 98.25 per kg, with a turnover of 5,524 lots.
The metal for delivery in September contract also fell by Rs 0.40, or 0.40 per cent, to Rs 99.30 per kg, with a turnover of 998 lots.
Marketmen said profit-taking at prevailing levels by speculators and fall in base metal prices by half a per cent in global markets mainly led to a fall in zinc futures prices here.
