Zinc prices fell by Rs 0.70 or 0.79 per cent, to Rs 87.80 per kg in futures trade today due to profit-booking by traders amid weak trend overseas.
Sluggish demand at spot markets also put some pressure on the zinc prices in futures trade.
At the Multi Commodity Exchange platform, zinc for August contract fell by Rs 0.70 or 0.79 per cent, to Rs 87.80 per kg, with a turnover of 55 lots.
The metal for delivery in most-active July contract also moved down by Rs 0.65 or 0.74 per cent to Rs 86.80 per kg, with a business volume of 1,444 lots.
At the London Metal Exchange, zinc fell by $24, or 1.26 per cent to $1,880 per tonne.
Market analysts attributed the weakness in zinc at futures market to sluggish spot demand and losses at the London Metal Exchange, apart from profit-booking by speculators.
