Zinc Oxide Price Outlook | Q4 2023
Check global Zinc Oxide prices, from Q3 2023 to Q4 2023.
When it comes to Zinc Oxide pricing data, the chart above presents prices in Q4 2023, in different locations worldwide.
The table below shows quarterly Zinc Oxide prices, in USD per metric ton.
And this table presents how Zinc Oxide prices varied, on a year-over-year basis and on a quarter-over-quarter basis.
Zinc Oxide, US (United States). The price of Zinc Oxide (United States) decreased during Q4 2023 to 3,250 USD per metric ton, which represents a slight decline of 1.3% compared to the previous quarter’s value. On a year-over-year basis, prices of Zinc Oxide (United States) decreased by 1.7%.
Zinc Oxide (99.7%), CN (China). In Q4 2023, The price of Zinc Oxide (China) witnessed a rise of 22 USD per metric ton when compared against the previous quarter’s price, to 2,530 USD per metric ton. The Q4 2023 price is 14% lower than the price one year before.
Zinc Oxide, NEA (Northeast Asia). Prices of Zinc Oxide (Northeast Asia) rose throughout Q4 2023, reaching 1,260 USD per metric ton. The current price is 4.9% higher than the average price in the last quarter and 14% lower than the average price one year ago.
For further information, including:
- Latest prices, on a quarterly basis
- Historical pricing data since 2007
- Prices of other commodities from Inorganic Chemicals industry
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A Little Bit About Zinc Oxide
Zinc Oxide is a white odorless solid insoluble in water and alcohol and soluble in acid and caustic solutions (amphoteric behavior). Due to its nontoxic aspect and color stability, it promptly replaced white lead as the main white pigment after the development of the French Industrial Process, later being replaced by Titanium Dioxide. In the second half of the 19th century, white zinc started to be used to reduce the time of the rubber vulcanization process, expanding its use and turning it into its primary usage, also increasing the durability and thermal conductivity of the rubber.
Zinc Oxide should be stored in tightly closed containers in a dry and well-ventilated place at ambient temperature (15 °C to 25 °C). It should also be stored away from strong acids and strong alkalis. No special precautions are needed if the material is used correctly.
Zinc oxide is currently used as one of the most important activators in the rubber vulcanization process, capable of reducing the time for the production of tires and other products. Its stability also guarantees its use as an anticorrosion white pigment. Other minor applications are as a carboxylic lattice crosslinking agent, as a fertilizer additive, as a fire-retardant for wood and paper, as compounds of some ceramic products, and as a pig feed additive. This commodity can be used in the manufacture of derivatives, such as: barium-zinc; cadmium-zinc; zinc acetate; zinc bromide; zinc cyanide; zinc thiophosphates; zinc thiocarbamates; zinc ferrite; zinc fluoborate; zinc fluoride; zinc hexafluorosilicate; zinc laurate; zinc p-phenolsulfonate; zinc yellow.
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