Zinc futures fell 0.32 per cent today as participants cut down their bets on a weak trend in base metals in the global market after Chinese disappointing data and subdued domestic spot demand.
At the Multi Commodity Exchange, zinc for delivery in May contracts was trading lower by 40, or 0.32 per cent, to Rs 126.10 per kg, with a business turnover of 880 lots.
The metal for delivery in June fell 35 paise, or 0.28 per cent, to Rs 126.80 per kg in a turnover of 27 lots.
Traders said the fall in zinc prices in futures trade was mostly in tandem with a weak trend in the base metals pack at the London Metal Exchange (LME) after a disappointing Chinese economic data, raising demand concerns.
