Zinc prices declined by 0.46% to Rs 257.30 per kilogram on Friday in futures trading, as speculators pared back their positions amid negative signals from the spot market.
On the Multi Commodity Exchange, zinc contracts for June delivery dropped Rs 1.20 to Rs 257.30 per kg across 1,545 lots.
Analysts attributed the decline to reduced demand from consuming industries in the physical market, prompting participants to scale down their holdings.