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Zinc futures prices today edged up by 0.16% to Rs 128.60 per kg as speculators enlarged positions amid a firming trend at spot markets on better demand even as metals weakened in the global markets.
At the Multi Commodity Exchange, zinc for delivery in February up by 20 paise, or 0.16%, to Rs 128.60 per kg, with a business turnover of six lots.
The metal for delivery in January also rose marginally by 10 paise, or 0.08%, to Rs 127.90 per kg in a business volume of 217 lots.
Marketmen said fresh positions created by participnants amd improved demand in the spot market supported the rise in zinc futures but metals' weakness overseas, restricted gains.
