In range-bound movements, zinc futures fell by one per cent today as traders indulged in reducing their positions, tracking a weakening trend in base metals overseas.
Fall in demand from consuming industries in the spot market also put some pressure on zinc futures prices.
At the Multi Commodity Exchange, zinc for August delivery fell by Rs 1.10, or 1%, to Rs 109.05 per kg, with a business turnover of 173 lots.
July zinc shed Rs 1.05, or 0.96%, to Rs 108.05 per kg, with a trade turnover of 1,061 lots.
Analysts said a weakening trend in base metals at the London Metal Exchange along with sluggish demand in the domestic market led to the fall in zinc futures prices.
