New Delhi

Zinc prices rose marginally in futures trade on Friday, supported by firm trends in overseas markets and fresh buying by participants.

On the Multi Commodity Exchange (MCX), zinc contracts for June delivery gained 85 paise, or 0.23 per cent, to trade at Rs 365.60 per kilogram, with a business turnover of 2,496 lots.

Market analysts attributed the uptick to positive global cues and the creation of fresh positions by traders.

They said improved sentiment in international markets encouraged participants to build long positions in zinc futures.

In overseas trade, zinc futures on the London Metal Exchange (LME) advanced by USD 30.10, or nearly 1 per cent, to USD 3,524.55 per metric tonne.

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Traders noted that the movement in base metal prices is likely to remain influenced by global demand patterns, broader macroeconomic developments and cues from international markets in the coming sessions.