Zinc strengthened by 0.54 per cent to Rs 102.40 per kg in futures trade today, after speculators enlarged positions, driven by a firming trend in global markets.
On the Multi Commodity Exchange, zinc for delivery in July edged higher by 55 paise, or 0.54 per cent, to Rs 102.40 per kg, with a trading volume of 883 lots.
The August contract gained 45 paise, or 0.44 per cent, to Rs 103.10 per kg, with a trade turnover of 123 lots.
Analysts said the rebound in base metals at the London Metal Exchange (LME), following better-than-expected July manufacturing output in China offset investor worries about Spain's debt problems, and influenced zinc prices. At the LME, zinc climbed 0.72 per cent to $1,827 per tonne.
