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Zinc Ingot Price Trend and Forecast

ChemAnalyst
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Date: 2023. 02. 13.
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Date: 2023. 02. 13.
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Category: news & politics
Due to continuous slow end-user demand in the US, the Zinc Ingot Price declined in the fourth quarter of 2022. Imports were restricted in the mid-quarter due to China's Golden Week holiday leading to a shortage of material available in the US market. According to market analysts, during the quarter, ongoing supply disruptions, high inflation, and China's zero-COVID policy helped alleviate general concerns about a recession and dampen hopes for a rebound in the United States.