MTECHTIPS:- Zinc to trade in 167.3-178.5: Achievers Equities

MTECHTIPS:- Zinc to trade in 167.3-178.5: Achievers Equities

MTECHTIPS-Zinc trading range for the day is 167.3-178.5 Zinc dropped as supply tightness eased recently after restarts at mines driven by high zinc prices The discount of LME cash zinc to the three-month contract shrank to $23.80 a tonne from $27.75 earlier in the week. Cormorant saying Barranquilla in Peru would resume operations at 50% of capacity after a period of suspension due to floods. SELL ZINC APR 2017 @ 174.50 SL 176.00 TGT 171.80-170.00.MCX

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