Zinc Price in 2003
In 2003, the price of zinc averaged $828 per tonne, up 6.3% from the year before. This page covers the 2003 average, high, low, and year-end close, the events that moved the market, and what that zinc would be worth in today's dollars.
2003 Average
$828
LME annual average, USD/tonne
Change vs 2002
+6.3%
from $779 in 2002
What happened to the zinc price in 2003
Zinc averaged $828 per tonne in 2003, up 6.3% from $779 the year before.
After an early-2000s trough near $780, the China supercycle sent zinc spiking above $3,270 in 2006 before the 2008 financial crisis crashed it back below $1,900.
Adjusted for inflation, zinc's 2003 average of $828 equals about $1,450 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 2003?
What is a 2003 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.