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Chinese zinc prices on alert as supply pressure eases

The supply tightness seen in supplies of zinc concentrate and ingots across China in the past few months has gradually eased and market sources suggest the improved availability could put pressure on domestic zinc prices.
As of August 12, China’s national price of zinc ingot (at least 99.995%) stood at Yuan 19,690/tonne ($2,837.2/t) including the 13%VAT, still at a 12.5-month high, though slipping slightly by Yuan 161/t from the peak seen on August 7. The price had been gaining steadily since mid-June when domestic zinc smelters


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