Australia's Century zinc mine suspended production and evacuated workers due to the approach of Cyclone Yasi, said mine owner MMG, a unit of Minmetals of China .The Century mine in 2011 is forecast to yield just over 500,000 tonnes of zinc in concentrate, making it the second largest zinc mine behind Teck Resources' Red Dog mine in Alaska. Zinc yesterday traded with the positive node and settled 0.18% up at 113.15. In yesterday's trading session zinc has touched the low of 112.55 after opening at 112.95, and finally settled at 113.15. For today's session market is looking to take support at 112.3, a break below could see a test of 111.5 and where as resistance is now likely to be seen at 114.2, a move above could see prices testing 115.2.

Trading Ideas:

Zinc trading range is 111.5-115.2.

Australia's largest zinc mine is set to reopen by the weekend

Zinc looks to take resistance at 114.30 and support is at 112.10 level.

Spread between zinc FEB & MAR contracts yesterday traded in the range of 0.95 - 1.

YESTERDAY LME STOCK FOR ZINC CAME DOWN  BY 0