Zinc Price OutlookContinuing their streak, zinc prices reached decade-high levels in early September, largely due to developments in China. On 8 September, zinc traded at USD 3,029 per metric ton, which was up 3.8% from the same day of last month and was 18.4% higher on a year-to-date basis. The price was up 31.4% from the same day last year. Chinese supply-side reforms are driving up zinc prices to levels not seen in years. Regulators have been sent to fine and shut down heavily-polluting plants, and these efforts to curb pollution have led to a significant decrease in production and buoyed zinc prices. Tight supply in China has also led to an increase in Chinese imports of the metal, and global zinc stocks remain low. Steel production is another particular target of Chinese environmental regulators, and concerns over steel supply constraints have further boosted the price of zinc, which is used to galvanize steel.
Zinc Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Zinc Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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