Asia
In Asia, zinc sulfate prices showed a mostly firm to stable trend during Q4’25, supported mainly by rising production costs. Zinc availability remained comfortable as smelter output stayed high, but demand from agriculture, chemicals, and battery-related applications remained steady. At the same time, producers faced strong cost pressure from sulfur and sulfuric acid, which tightened margins. Sulfuric acid supply stayed tight due to limited sulfur availability and high operating costs, especially toward the end of the quarter. Export activity remained cautious, as buyers focused on short-term needs. Overall, cost pressure supported zinc sulfate prices even though demand growth stayed moderate.
Europe
In Europe, zinc sulfate prices moved upward during Q4’25, largely due to severe pressure from soaring sulfur and energy costs. The region faced a shortage of affordable sulfur feedstock, which raised production expenses for zinc sulfate manufacturers. Some producers reduced operating rates or warned of possible shutdowns, which tightened supply. Demand from fertilizers, animal feed, and industrial uses remained stable but cautious, as buyers struggled with higher input costs across the value chain. The large gap between sulfur and sulfuric acid costs highlighted the stress on producers. Despite weak fertilizer market conditions, zinc sulfate prices stayed supported because producers passed on part of the cost burden.
North America
In North America, zinc sulfate prices followed a stable to slightly firm trend during Q4’25. Demand from agriculture and industrial applications remained steady but lacked strong momentum. Buyers avoided long-term commitments and preferred flexible purchasing due to economic uncertainty. Supply remained adequate, but rising sulfuric acid costs increased production expenses. Trade and logistics challenges limited spot availability at times, which supported the market. Overall, zinc sulfate prices stayed balanced, with cost pressure preventing any major decline.