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Zinc Prices Surge as Global Inventories Plummet

10/9/2025

50 8 Full Breakdown

Summary

Story summary

Zinc contracts on the Multi Commodity Exchange (MCX) rose to Rs 294/kg.
Global zinc inventories fell over 60% this year, per Religare Broking's Ajit Mishra.
Gold prices hit a record high of $3,977, supported by central bank buying.
November Feeder Cattle closed at 364.250 with volume, signaling amid the closed U.S.-Mexico border; traders may consider long positions with risk controls.

History

Historical Context

The 2008 global financial crisis triggered a sharp decline in commodity prices, with zinc plummeting to $1,000 per ton and a 60% drop in inventories reported by the London Metal Exchange. As demand rebounded post-crisis, zinc prices rose again, reaching Rs 294/kg today, highlighting ongoing supply chain challenges and inflationary pressures on industries reliant on this essential metal.

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Story summary

Zinc contracts on the Multi Commodity Exchange (MCX) rose to Rs 294/kg.
Global zinc inventories fell over 60% this year, per Religare Broking's Ajit Mishra.
Gold prices hit a record high of $3,977, supported by central bank buying.
November Feeder Cattle closed at 364.250 with volume, signaling amid the closed U.S.-Mexico border; traders may consider long positions with risk controls.

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