In range-bound trade, zinc futures fell by 0.20% today as traders indulged in reducing their positions, tracking a weakening trend in base metals overseas.
Weak demand from consuming industries in the spot market also put some pressure on zinc futures prices.
At the Multi Commodity Exchange, zinc for delivery in June fell by 20 paise, or 0.20%, to Rs 98.15 per kg, with a business turnover of 454 lots.
The metal for delivery in July also fell by the same margin to Rs 99.20 per kg, with a trade turnover of 28 lots.
Analysts said a weakening trend in base metals at the London Metal Exchange (LME) and sluggish demand in the domestic spot market led to the fall in zinc futures prices.
At the LME, zinc was little changed at $2,210.25 per tonne in early trade today.
