Zinc futures declined on Thursday, with prices dropping by 0.38% to Rs 251.90 per kilogram, as traders pared down their positions in response to weak demand signals from the spot market.
On the Multi Commodity Exchange (MCX), zinc contracts for July delivery were down by 95 paise at ?251.90 per kg, with a total of 1,887 lots traded.
According to analysts, the decline was primarily driven by reduced buying interest from consuming industries, leading participants to scale back their exposure.