Global price of Zinc
PZINCUSDM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,654.65
Year-over-Year Change
-5.50%
Date Range
1/1/1990 - 6/1/2025
Summary
The Global price of Zinc measures the international market price for this industrial metal. It is a key indicator of global economic activity and industrial production.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Zinc is an essential industrial metal used in a variety of applications, from galvanizing steel to producing brass and die-cast alloys. The global price of zinc reflects supply and demand dynamics for this commodity across international markets.
Methodology
The data is collected from international commodity exchanges and spot markets.
Historical Context
Zinc prices are closely monitored by economists, policymakers, and industry participants to assess global economic conditions and industrial output.
Key Facts
- Zinc is the 4th most commonly used metal worldwide.
- China is the world's largest producer and consumer of zinc.
- Zinc prices hit a 14-year high in 2022 due to supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: The Global price of Zinc measures the international market price for this essential industrial metal used in a variety of manufacturing and construction applications.
Q: Why is this trend relevant for users or analysts?
A: Zinc prices are a key indicator of global economic activity and industrial production, as zinc is a widely-used commodity. Monitoring zinc prices can provide insights into broader macroeconomic and sectoral trends.
Q: How is this data collected or calculated?
A: The data is collected from international commodity exchanges and spot markets where zinc is traded.
Q: How is this trend used in economic policy?
A: Zinc prices are closely watched by economists, policymakers, and industry participants to assess the state of the global economy and industrial output. Changes in zinc prices can inform decisions around trade, monetary, and industrial policies.
Q: Are there update delays or limitations?
A: The global price of zinc data is published regularly with minimal delays, providing timely information on this important industrial commodity.
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Citation
U.S. Federal Reserve, Global price of Zinc (PZINCUSDM), retrieved from FRED.