Zinc futures traded marginally lower on Tuesday, falling 45 paise to Rs 327.70 per kg, as speculators pared their positions amid negative cues from the spot market.

On the Multi Commodity Exchange (MCX), zinc contracts for March delivery slipped by 45 paise, or 0.14%, to Rs 327.70 per kilogram, with a trading volume of 89 lots.

Analysts attributed the decline to reduced positions by participants, driven by subdued demand from consuming industries in the physical market.