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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, 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

Zinc Price Chart, 1983 to 2003

Annual average zinc price per tonne, 1983 to 2003, with 1993 marked.

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.