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Tracking a weak global trend, zinc prices fell by 1.13 per cent to Rs 100.60 a kg in futures trade on Friday. Subdued demand in the domestic spot market also put pressure on zinc prices.
At the Multi Commodity Exchange, zinc for delivery in August declined by Rs 1.15, or 1.13 per cent, to Rs 100.60 a kg, with a business turnover of 1,345 lots.
Similarly, the metal for September contract delivery shed Rs 1.05, or 1.02 per cent, to Rs 101.45 a kg in 257 lots.
Market analysts attributed the rise in zinc futures prices to a weakening trend on the London Metal Exchange, besides subdued demand in the spot market.
Meanwhile, zinc fell by 1.3 per cent to $2,200 a metric tonne on the London Metal Exchange.
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