MTECHTIPS;-Zinc to trade in 175.8-181.2

MTECHTIPS;-Zinc to trade in 175.8-181.2

MTECHTIPS-Zinc trading range for the day is 175.8-181.2. Zinc prices dropped on profit booking but still prices ended with gains on weekly basis as supplies were still insufficient. Spot zinc premiums in China’s major markets turned to discounts on June 29. Public Procurement Service (PPS) announced bid solicitation again on its website June 29 for 2,000 tonnes of zinc, which will end on June 4.

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