Zinc Outlook

Sergei A Xdj W3w6dmu Unsplash

Expert zinc market insights

Our quarterly zinc outlook is published in our Quarterly Metals Report, which covers base, precious and ferrous metals. The impact of supply and demand fundamentals and macroeconomic implications for the zinc futures and spot prices are analysed. Our research team produce a zinc price range forecast as part of the report.

Victor Pr7ckwfmumy Unsplash
Latest

Zinc Outlook – Q2 2025

Zinc has underperformed in the LME base metals complex, declining over 14% since January. Unlike copper, zinc attracts fewer speculative investors and is currently facing an impending oversupply cycle, as indicated by rising treatment charges recovering from their lows. Although downside risks appear contained for now, a sustained break above $2,700/t would be a key signal for a broader recovery in zinc through the remainder of the quarter.

Sign up to get the latest market insights

We will email you each time a new report has been published.