China's 98% smelting sulfuric acid price eased over the week as spot trading weakened and recovering supply added pressure. Elevated sulfur and metal ore costs provided partial support, but the market faces further downside as lower-priced regional supplies increase competitive pressure.
Zinc ingot prices remained at elevated levels in the Tianjin market as of August 13, with downstream buyers largely staying on the sidelines due to high price levels. Trading activity was primarily among traders rather than end-users, keeping overall market transactions average despite firm price benchmarks.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Zinc Ingot | China | FOB | USD 3,620.08/MT | June 2026 |
| Zinc Ingot | India | CIF | USD 3,707.63/MT | June 2026 |
| Zinc Ingot | USA | CIF | USD 3,775.03/MT | June 2026 |
| Zinc Ingot | Germany | CIF | USD 3,741.57/MT | June 2026 |
| Zinc Ingot | Australia | CIF | USD 3,686.16/MT | June 2026 |
| Zinc Ingot | China | FOB | USD 3,582.90/MT | May 2026 |
| Zinc Ingot | India | CIF | USD 3,650.24/MT | May 2026 |
| Zinc Ingot | USA | CIF | USD 3,702.09/MT | May 2026 |
| Zinc Ingot | Germany | CIF | USD 3,676.35/MT | May 2026 |
| Zinc Ingot | Australia | CIF | USD 3,633.73/MT | May 2026 |
Stay updated with the latest Zinc Ingot prices, historical data, and tailored regional analysis
Asia
In China, the prices of Zinc Ingot were ~USD 3,452.41/MT in April and ~USD 3,620.00/MT in June, showing a ~4.9% increase. The market strengthened through April and May as concentrate availability tightened and smelters faced pressure securing feedstock. China imported 396,591.57 tonnes of zinc ore and concentrate in May, down 11.42% month on month and 19.33% year on year, reinforcing raw-material tightness. However, refined zinc production reached 3.124 million tonnes during January-May, up 6.1%, increasing domestic availability and capping gains. Seasonal weakness from galvanizing, die-casting and zinc-alloy buyers moderated momentum in June. In India, the prices of Zinc Ingot were ~USD 3,502.41/MT in April and ~USD 3,708.00/MT in June, showing a ~5.9% increase. Tight regional concentrate availability and firmer replacement costs supported India.
Europe
In Germany, the prices of Zinc Ingot were ~USD 3,578.41/MT in April and ~USD 3,742.00/MT in June, showing a ~4.6% increase. European supply benefited from higher Norwegian refined output, but disruption at the Garpenberg mine reduced expected Q2 milling to 0.1 million tonnes, tightening concentrate availability. EU crude steel production fell 1.5% year on year during January-May, limiting galvanizing consumption and preventing a stronger rise.
North America
In the United States, the prices of Zinc Ingot were ~USD 3,539.41/MT in April and ~USD 3,775.00/MT in June, showing a ~6.7% increase. Lower U.S. mine production supported the market, while North American crude steel output increased 5.9% during January-May, strengthening galvanizing demand. Canadian refined zinc production also improved, helping keep metal availability balanced despite tighter mine supply.
Analyst Insight
According to Procurement Resource, in the zinc ingot conditions are expected to remain firm but balanced, as concentrate constraints support costs while improving refined availability and moderate downstream demand limit sharper gains.
Related Report
Need latest Zinc Ingot price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Asia
In Asia, zinc ingot markets remained stable to firm during Q1’26 amid fluctuating downstream demand and geopolitical uncertainty. In China, zinc prices increased approximately 11.01% quarter-on-quarter, supported by tightening logistics conditions and elevated transportation expenses despite high smelter operating rates and sufficient concentrate availability. Weak demand from the galvanizing and construction sectors initially restricted stronger momentum; however, disruptions in shipping routes through the Strait of Hormuz increased freight costs and raw material uncertainty, supporting regional sentiment. Similarly, in India, zinc prices increased in Q12’26, reflecting stronger global market conditions and supply-chain pressure. Demand from downstream steel and galvanizing sectors remained moderate, while higher energy-linked transportation costs and geopolitical disruptions increased landed material costs.
Europe
In Europe, zinc ingot prices increased during the first quarter of 2026, representing a 9.55% quarter-on-quarter rise. The regional market remained supported by global supply tightness and continued dependence on imports. Rising logistics expenses, shipping delays, and elevated insurance premiums linked to Middle East tensions increased regional supply costs and tightened availability. Demand from infrastructure, automotive coatings, and galvanizing sectors remained moderate, although cautious procurement and weak industrial growth limited stronger buying activity.
North America
In North America, zinc ingot prices followed a stable to firm trend during Q1’26, supported by global concentrate tightness and steady industrial demand. Supply-chain disruptions and elevated transportation costs associated with reduced shipping activity through the Strait of Hormuz increased procurement expenses across the region. Demand from automotive, infrastructure, and galvanizing applications remained comparatively steady, although buyers largely maintained short-term purchasing strategies amid volatile global trade conditions and uncertain economic sentiment.
Refined zinc metal in the form of a solid block is called zinc ingot which is produced via smelting and purification of zinc. This ingot is bluish white in color with high malleability and ductility and low melting point. In addition to this, zinc ingot also has high corrosion resistance as it forms a layer of oxide over its surface, that protects the core material. Zinc's ability to alloy with other metals makes it valuable in various industrial applications, from galvanization to alloy production, owing to its unique combination of properties.
Cathode protection, Paint and coating industry, Rubber and plastic industry, Die-casting, Battery production
REAZN S.A., Henan Yuguang Zinc Industry Co Ltd, Yifengxin (Hebei) Metal Production Co Ltd, Siyaram Impex Pvt Ltd, Phoenix Industries Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this multi-step process, the zinc ore is first melted in a furnace along with several other alkali metals to form an alloy. The molt is cooled and shaped into ingots in the subsequent steps to get zinc ingot.
Our Price Analysis Methodology
Business Insights Analyst
Helping procurement and sourcing teams navigate complex markets through data-driven research, category intelligence, and actionable insights - with a focus on identifying market trends, analyzing supply-side developments, and delivering clear intelligence that supports informed business decisions.
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
