
Why are Zinc Prices so high?
15-04-2026 - Over the past month, zinc prices have experienced an upward trend, rising from $3,253.37 per metric ton to $3,322.43 per metric ton. This increase suggests a steady rise in market demand or possible supply constraints affecting the zinc market. However, the forecast predicts a decrease to $3,230.32 per metric ton, a 2.8% drop from the current price of $3,322.43 per metric ton, indicating a potential downward trend. This forecast highlights the risk of market volatility impacting raw material prices.
The forecast also points to a significant downward price impact of -$25.5 per metric ton due to demand factors, particularly from the global economy. While technical data suggests upward pressure, the overall demand, flows, and supply data indicate a downward trend for zinc as a raw material. Recent analyses align with this forecast, predicting a potential decline in LME zinc prices over the next month, consistent with the forecasted price of $3,230.32 per metric ton.
According to Trading Economics, zinc prices are expected to trade at $3,373.51 per metric ton by the end of this quarter, suggesting a downward trend from current levels. This projection supports the forecast's direction, indicating a potential decrease in zinc prices in the near future.
The forecast also points to a significant downward price impact of -$25.5 per metric ton due to demand factors, particularly from the global economy. While technical data suggests upward pressure, the overall demand, flows, and supply data indicate a downward trend for zinc as a raw material. Recent analyses align with this forecast, predicting a potential decline in LME zinc prices over the next month, consistent with the forecasted price of $3,230.32 per metric ton.
According to Trading Economics, zinc prices are expected to trade at $3,373.51 per metric ton by the end of this quarter, suggesting a downward trend from current levels. This projection supports the forecast's direction, indicating a potential decrease in zinc prices in the near future.
What is the current / spot price of Zinc?
Zinc Price Today
April 15, 2026
Current Price
3322.43
$/t
What is the forecast for the price of Zinc?
Zinc Price Forecast
April 21, 2026
1 Month Forecast
3230.32
$/t
1 Year Forecast
2730.2
$/t
What are the short-term drivers of Zinc prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Minerals exports from Peru - SHFE Zinc stocks - Japan PMI Br(None) The top contrary drivers for the 1 Month horizon are: - Seasonality trends for the prediction month of year - Movements in the Chinese Yuan
What are the long-term drivers of Zinc prices?
Over the 1 Year horizon the outlook is bearish due to drivers such as: - EWMA-based technical analysis - The shape of the futures curve - Movements in the Chinese Yuan - Movements in the Australian Dollar - Seasonality trends for the prediction month of year Br(None)
Will the price of Zinc go up?
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1 Week

1 Month

3 Month

6 Month

1 Year

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ChAI Protect is our commodity price risk insurance offering, created to protect your company from the financial risks associated with raw material price movements.
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