Tracking a firming global trend, zinc prices traded higher by Rs 1.85 to Rs 112.35 per kg in futures trade today on fresh buying by speculators.
Increased demand in the spot market further supported the uptrend.
At the Multi Commodity Exchange, zinc for October delivery traded higher by Rs 1.85, or 1.67%, to Rs 112.35 per kg, with an open interest of a single lot.
Similarly, the metal for August delivery inched up by 90 paise, or 0.82%, to Rs 110.85 per kg, with a business turnover of 2,391 lots.
Market analysts said besides a firming trend in overseas market and pick-up in spot market demand mainly led to the rise in zinc futures prices. Meanwhile, zinc increased 0.9% to $2,513 a tonne on the London Metal Exchange.
