The zinc price has risen above 3,450 dollars per ton, the highest level since August 2022, driven by concerns over short-term supply constraints. This is according to Tradingeconomics.
ANNONS
Reduced inventories and disruptions in mining production have tightened supply, while increased production from some mines is expected to contribute to a surplus in the long term.
Demand is meanwhile expected to increase by around 2 percent annually, and the market is also affected by geopolitical uncertainty.
