Zinc futures climbed above $3,700 per tonne, the highest level since June 2022, amid tightening supply conditions and concerns over production disruptions in China, the world’s largest zinc producer. Heavy rainfall and flooding hit parts of China, threatening mining and smelting activities. This comes as production adjustments at a zinc mine in Southwest China are expected to reduce concentrate output by around 1,000 tonnes in August, while routine maintenance at a smelter in Central China could lower refined output by 1,000–1,500 tonnes. Supply constraints have also emerged among other major producers. Glencore reported a 21% year-on-year decline in own-sourced zinc production in the first half of 2026, while Boliden’s zinc concentrate production dropped 16.8% quarter-on-quarter and MMG’s output fell 1% year-on-year in the second quarter. LME zinc inventories have fallen to their lowest level since December, indicating tight near-term availability.
Zinc rose to 3,734.50 USD/T on August 10, 2026, up 1.00% from the previous day. Over the past month, Zinc's price has risen 4.73%, and is up 32.74% 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 10 of 2026.
Zinc rose to 3,734.50 USD/T on August 10, 2026, up 1.00% from the previous day. Over the past month, Zinc's price has risen 4.73%, and is up 32.74% 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 3731.97 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 3938.05 in 12 months time.