Zinc Price in 1993

In 1993, the price of zinc averaged $962 per tonne, down 22.4% from the year before. This page covers the 1993 average, high, low, and year-end close, the events that moved the market, and what that zinc would be worth in today's dollars.

1993 Average

$962

LME annual average, USD/tonne

Change vs 1992

-22.4%

from $1,240 in 1992

What happened to the zinc price in 1993

Zinc averaged $962 per tonne in 1993, sliding 22.4% from the $1,240 average of 1992. The notable development of 1993: Cycle low amid oversupply.

The 1990s were choppy and ultimately soft, with the 1997-98 Asian crisis and persistent oversupply leaving zinc near $1,000 by decade's end.

Adjusted for inflation, zinc's 1993 average of $962 equals about $2,146 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 1993?

Zinc averaged $962 per tonne in 1993, based on World Bank and LME annual average data. That average was down 22.4% from $1,240 in 1992.

What is a 1993 zinc price worth in today's dollars?

Adjusted with the US Consumer Price Index, zinc's 1993 average of $962 works out to roughly $2,146 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the zinc price in 1993?

The defining story of 1993: Cycle low amid oversupply. Against that backdrop, the annual average fell 22.4%, from $1,240 in 1992 to $962.

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.