BS reported that taking weak cues from the global markets and subdued spot demand, zinc futures prices fell by 0.49% as participants reduced their positions.

At the Multi Commodity Exchange the May contract traded lower by 50 paise or 0.49% to INR 100.90 per kilogram in 400 lots. The June contract fell by a similar margin to INR 102 per kilogram in 18 lots.

Marketmen said that the fall in zinc prices at futures trade was mostly in tandem with a weak trend in copper and other base metals overseas.