Zinc traded higher by almost one per cent to Rs 101.85 per kg in futures market on Thursday, largely supported by a firming trend overseas and pick-up in demand at the domestic markets.
At the Multi Commodity Exchange, zinc for delivery in May rose by Re 1, or nearly one per cent to Rs 101.85 per kg, with a business volume of 1,953 lots.
Similarly, the metal for delivery in April inched up by 70 paise, or 0.70 per cent to Rs 100.05 per kg, with an open interest of 2,356 lots.
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Market analysts said apart from a firming trend at the London Metal Exchange (LME), pick-up in demand at the spot markets also led to the rise in zinc futures prices.
Meanwhile, zinc gained 1.9 per cent to USD 2,282 a metric tonne at the LME.
