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Zinc futures prices today edged up by 0.16% to Rs 124.40 per kg today as speculators enlarged positions, amid a firm global trend and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in April increased by 20 paise, or 0.16%, to Rs 124.40 per kg, with a business turnover of 203 lots.
Likewise, the metal for delivery in August traded higher by just 10 paise, or 0.08%, to Rs 125.30 per kg in a turnover of 33 lots.
Traders said besides improved spot demand, a firming trend in base metals overseas on upbeat German data, raising the demand outlook for metals, mainly led to the rise in zinc prices at futures trade here.
