Actual
3,857.80
Daily Change
-17.75 -0.46%
Monthly
7.89%
Yearly
36.48%
Q3 Forecast
3,879.75
Zinc - Summary

Zinc prices climbed above $3,850 a metric ton, reaching their highest level since May 2022, as concerns over limited availability intensified. The rally has been driven by disruptions at several major mining operations, where operational difficulties and logistical constraints have reduced the pace of supply growth. HSBC expects global zinc mine output to decline this year, while disruptions at both mines and smelters could keep the market undersupplied. At the same time, inventories registered by the London Metal Exchange have fallen sharply, while physical supplies in key markets outside China remain particularly tight. Demand has also provided support, with manufacturing activity in Europe and the US showing signs of a moderate recovery. Meanwhile, Chinese inventories have risen significantly, creating a notable divergence between the world’s largest consumer and other regions.

Zinc - Stats

Zinc fell to 3,857.80 USD/T on August 28, 2026, down 0.46% from the previous day. Over the past month, Zinc's price has risen 7.89%, and is up 36.48% 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 August 31 of 2026.

Zinc - Forecast

Zinc fell to 3,857.80 USD/T on August 28, 2026, down 0.46% from the previous day. Over the past month, Zinc's price has risen 7.89%, and is up 36.48% 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 3879.75 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 4110.87 in 12 months time.



Price Day Month Year Date
Coal 139.75 0.25 0.18% 7.33% 27.51% Aug/28
Bitumen 4,864.00 254.00 5.51% 21.60% 37.21% Aug/31
Cobalt 56,290.00 0 0% 0% 68.86% Aug/28
Lead 1,907.73 -12.15 -0.63% 0.17% -4.50% Aug/28
Aluminum 3,245.45 0.0001 0% 2.10% 23.87% Aug/28
Tin 55,223.00 -131 -0.24% 2.49% 57.70% Aug/28
Zinc 3,857.80 -17.75 -0.46% 7.89% 36.48% Aug/28
Nickel 16,770.00 0 0% -2.56% 8.37% Aug/31
Molybdenum 617.50 0 0% 0% 18.77% Aug/31
Palladium 1,430.50 -16.50 -1.14% 13.85% 24.88% Aug/31
Gallium 1,785.00 0 0% -2.19% 11.22% Aug/31
Germanium 25,500.00 0 0% 7.37% 77.12% Aug/31
Manganese 28.75 0 0% -1.03% -3.04% Aug/31
Indium 5,350.00 0 0% -2.73% 111.88% Aug/31
Soda Ash 1,030.00 0 0% -6.36% -14.88% Aug/28
Neodymium 955,000.00 0 0% -3.05% 21.63% Aug/31
Tellurium 797.50 0 0% -1.85% 36.34% Aug/31
Rhodium 9,000.00 100 1.12% 9.09% 27.66% Aug/31


Zinc
Zinc Futures are available for trading in The London Metal Exchange (LME). The standard contract size it 25 tonnes. Zinc is often used in die-casting alloys, castings, brass products, sheeting products, chemicals, medicine, paints and batteries. The biggest producers of zinc are. China, Peru, Australia, United States, Canada, India and Kazakhstan. Zinc prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
3857.80 3875.55 4603.00 176.37 1960 - 2026 USD/MT Daily

News Stream
Zinc Rises to Over 4-Year High
Zinc prices climbed above $3,850 a metric ton, reaching their highest level since May 2022, as concerns over limited availability intensified. The rally has been driven by disruptions at several major mining operations, where operational difficulties and logistical constraints have reduced the pace of supply growth. HSBC expects global zinc mine output to decline this year, while disruptions at both mines and smelters could keep the market undersupplied. At the same time, inventories registered by the London Metal Exchange have fallen sharply, while physical supplies in key markets outside China remain particularly tight. Demand has also provided support, with manufacturing activity in Europe and the US showing signs of a moderate recovery. Meanwhile, Chinese inventories have risen significantly, creating a notable divergence between the world’s largest consumer and other regions.
2026-08-25
Zinc Hits 4-year High
Zinc increased to 3804.00 USD/T, the highest since June 2022. Over the past 4 weeks, Zinc gained 5.76%, and in the last 12 months, it increased 35.37%.
2026-08-21
Zinc Hovers Near 4-Year Highs
Zinc futures rose past $3,700 per tonne, hovering near their highest level since June 2022, supported by tightening supply, production disruptions, and low inventories. Heavy rainfall and flooding across parts of China, the world’s largest zinc producer, have threatened mining and smelting operations. On top of that, production adjustments at a mine in Southwest China are expected to reduce August zinc concentrate output by 1,000 tonnes, while maintenance at a smelter in Central China could cut refined production by 1,000–1,500 tonnes. Supply concerns have also spread to other major producers. Glencore’s own-sourced zinc production fell in the first half of 2026, while Boliden’s zinc concentrate output declined quarter-on-quarter and MMG’s production decreased year-on-year in Q2. Moreover, LME zinc inventories have fallen to their lowest level since December, while high canceled warrants and falling on-warrant stocks signal that less metal is readily available for immediate delivery.
2026-08-19