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المشهد العربي
Zinc prices drop after four-year high
Zinc prices on the London Exchange have declined after reaching their highest level in over four years, influenced by the slight increase in the dollar, which grew by 0.1%. This led to a $20.5 drop in the price per ton of zinc, bringing it to $3,865. The decline is partly due to a less severe supply surplus compared to last year, but this does not justify the current high prices. Global market statistics showed a deficit of 31,400 tons in June, compared to an operational surplus in May. This was accompanied by a decrease in the prices of other industrial metals such as aluminum and copper, each falling by approximately 0.4-0.5%.
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