Zinc prices averaged USD 3,539 per metric ton in June, up 1.8% from May. On 30 June, the commodity traded at USD 3,574 per metric ton, up 1.6% from 29 May.
Zinc prices rose for the third consecutive month in June, hitting an almost four-year high. Glencore’s Kazzinc facility in Kazakhstan continues to operate at reduced rates after an explosion in May, while Nexa’s Cajamarquilla smelter in Peru is recovering from fire-related damage. That said, gains were capped by a stronger U.S. dollar amid fading expectations of a Fed rate cut in the coming months.
This chart displays Zinc (US$/mt) from 2024 to 2026.
High Grade Zinc LME (prices in US$/mt, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High Grade Zinc LME | - | - | 2,781 | 3,049 | 2,837 | 2,636 | 2,829 | 3,162 | 3,235 | 3,457 | - | - |