Zinc Price in 1983
In 1983, the price of zinc averaged $764 per tonne, up 2.6% from the year before. This page covers the 1983 average, high, low, and year-end close, the events that moved the market, and what that zinc would be worth in today's dollars.
1983 Average
$764
LME annual average, USD/tonne
Change vs 1982
+2.6%
from $745 in 1982
What happened to the zinc price in 1983
Zinc averaged $764 per tonne in 1983, up 2.6% from $745 the year before.
Zinc traded in a broad range through the 1980s, ending the decade with a rally to around $1,660 as the modern LME special-high-grade contract took hold.
Adjusted for inflation, zinc's 1983 average of $764 equals about $2,472 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of zinc in 1983?
What is a 1983 zinc price worth in today's dollars?
Annual averages are World Bank and LME zinc prices per tonne in US dollars (LME cash and settlement basis). The 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.