Zinc Price in 2004
In 2004, the price of zinc averaged $1,048 per tonne, up 26.6% from the year before. This page covers the 2004 average, high, low, and year-end close, the events that moved the market, and what that zinc would be worth in today's dollars.
2004 Average
$1,048
LME annual average, USD/tonne
Change vs 2003
+26.6%
from $828 in 2003
What happened to the zinc price in 2004
Zinc averaged $1,048 per tonne in 2004, climbing 26.6% from the $828 average of 2003.
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 2004 average of $1,048 equals about $1,788 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 2004?
What is a 2004 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.