China zinc price hovers on low supply and demand

China’s national price of zinc ingot (at least 99.995%) has recovered this week after the continuous declines witnessed during last week. Over September 6-8, the price had hovered in the range of Yuan 22,878-23,060/tonne ($3,541-3,569/t) including the 13% VAT, which is higher than the Yuan 22,630-22,936/Ton range in the week of August 30-September 3.