First Quarter of 2023 in Europe Zinc Prices
North America During the first quarter of 2023, the Zinc Prices showed an increased tendency, with CFR California prices rising from $3913 per MT in January to $4250 per MT in March. Industry experts had predicted that the end-user F&B, pharmaceutical, and nutraceuticals industries would continue to navigate through mixed sentiments during the first quarter of 2023, given the market turbulence in the preceding quarter. The market dynamics in the US were kept in check, though, by continuous end-user demand for Zinc powder throughout the quarter and reasonable inquiries from downstream suppliers. Retailers in the United States benefited from the decrease in ocean shipping costs for imports in the second part of the quarter. When demand was high, carriers concentrated on the most profitable cargo and made record profits. Asia Pacific Zinc Powder market growth in the first quarter of 2023 was promising in the Asia Pacific region. When China decided to suspend the COVID-19 re...