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Zinc futures edged up by 0.35% to Rs 141.60 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 current month contracts rose 50 paise, or 0.35%, to Rs 141.60 per kg, with a business turnover of 396 lots.
Likewise, the metal for delivery in December traded higher by 45 paise, or 0.32%, to Rs 142.15 per kg in a turnover of 22 lots.
Traders said besides improved spot demand, a firming trend in base metals overseas following China's unexpected cut in interest rates, led to the rise in zinc prices at futures trade here.
