LME Zinc Inventory Dropped to a Record Low, Zinc Prices Surged Rapidly

Published: Apr 21, 2026 18:22

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[LME Inventory Decline Supported LME Zinc Price Rise] On April 21, 2026, LME zinc inventory fell by 3,475 mt to 107,525 mt, hitting a one-month low. Against the backdrop of continued declines in zinc concentrate TCs, bears exited the market, driving a rapid rally in LME zinc prices, which at one point surged to $3,450/mt, a gain of over 1%.

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