Zinc Price Today (Dec. 16, 2025): LME Zinc Slides Toward $3,050 as Inventories Rebuild; 2026 Forecasts Turn More Cautious
Zinc futures fell about 1% to $3,056 per metric ton on December 16 as LME inventories rose 4.1% to 64,475 tons. The most-traded SHFE zinc contract in Shanghai settled at 23,215 yuan/mt, down 0.92%. Traders cited fresh warehouse inflows and thin year-end liquidity. Market debate continues over whether supply will swing from tightness in 2025 to surplus in 2026.