Zinc Price OutlookZinc prices have continued to increase in recent weeks, although at a slower pace. On 9 September, zinc traded at USD 2,281 per metric ton, which was 0.5% higher than on the same day in August and was up 43.2% on a year-to-date basis. Moreover, the price was 26.0% higher than on the same day last year. Zinc prices fell by almost a third in 2015 on the back of weak global demand, but prices started to rise this year after the closure of some major zinc mines. In the past month, cutbacks at major zinc mines, the depletion of reserves and official projections of stronger demand for metals have put upward pressure on zinc prices. On the supply side, in H1 global mine supply was cut heavily, mainly in Australia, Canada and Ireland, with latest estimates pointing to a total 15% fall in output. On the demand side, prices have been supported by estimates signaling larger demand from China, the world’s top zinc consumer, as well as by an increased absorption of the metal in emerging markets.
Zinc Price History Data (USD per metric ton)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Note: High Grade Zinc, prices in USD per metric ton (mt). Prices are average of period (aop).
Zinc Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities