Zinc futures slipped toward $3,320 per tonne but remained near a one-month high, supported by improving industrial activity and signs of short-term supply tightness. China’s factory activity returned to expansion, boosting demand expectations for base metals. Additionally, inventories at the Shanghai Futures Exchange dropped by 1% over the past week, and ongoing mine closures and operational disruptions continued to keep supplies relatively tight. However, additional output from projects such as Tara and Kipushi, along with increased production plans from other major producers, is expected to keep the market in a slight surplus. Investors also remained cautious amid uncertainty surrounding the Middle East ceasefire, with attention now shifting to weekend negotiations between the US and Iran.
Zinc fell to 3,326.60 USD/T on April 10, 2026, down 0.15% from the previous day. Over the past month, Zinc's price has risen 0.53%, and is up 25.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Zinc reached an all time high of 4603 in November of 2006. Zinc - data, forecasts, historical chart - was last updated on April 11 of 2026.
Zinc fell to 3,326.60 USD/T on April 10, 2026, down 0.15% from the previous day. Over the past month, Zinc's price has risen 0.53%, and is up 25.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Zinc is expected to trade at 3373.51 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3539.38 in 12 months time.