Zinc futures were up by 0.58 per cent to Rs 121.80 per kg today as participants enlarged positions following a firming trend at the spot markets on better domestic demand.
At the Multi Commodity Exchange, zinc for delivery this month was trading higher by 70 paise, or 0.58 per cent, to Rs 121.80 per kg, with a business turnover of 1,213 lots.
According to marketmen, a firming trend at the domestic spot markets following better demand from consuming industries and a firming trend in base metals at the London Metal Exchange, supported the upside in zinc prices in futures trade.
Also, metal for delivery in April edged up by 65 paise, or 0.53 per cent, to Rs 122.40 per kg, in a business volume of 1,201 lots.
