Q1 2025
In Q1 2025, Zinc Oxide prices followed a mixed trend in the global market, with an increase in January, a dip in February, and another rise in March. The initial rise in January was driven by heightened demand from the rubber and coatings industries, which were experiencing strong production activity. February saw a slight price decline as supply conditions improved, and demand moderated temporarily. However, the market regained momentum in March, with restocking efforts intensifying, leading to an increase in prices. By the end of March 2025, Zinc Oxide prices (99.5%) were assessed at USD 2681/MT CIF Cat Lai, Vietnam.
Q4 2024
In Q4 2024, Zinc Oxide prices in UAE followed a mixed pattern, declining through October and November before reversing course in December. The initial softness in prices was linked to reduced buying activity from downstream industries like rubber and coatings, as many buyers remained cautious due to year-end inventory planning. Meanwhile, balanced supply from India helped ease production pressure. After the conclusion of Dec 2024, Zinc Oxide prices were assessed at USD 2693 per MT CIF Jebel Ali, UAE.
Q3 2024
In Q3 2024, Zinc Oxide prices on a CIF basis to Cat Lai (India), Vietnam, saw a wave-like trend—rising in July due to steady demand from the rubber and industrial coatings sectors, then dipping in August amid temporary supply improvements and stabilized consumption. By September, a rebound in demand and logistical delays in imports once again supported an upward movement. Feedstock: Zinc Ingot prices showed continued volatility, influencing production economics. After the conclusion of Sep 2024, Zinc Oxide prices were assessed at USD 2573 per MT CIF Cat Lai Vietnam.
Q2 2024
In Q2 2024, Zinc Oxide prices in Vietnam, started with a decline in April due to subdued buying sentiment and improved vessel availability. However, prices rebounded in May and June, supported by renewed demand from the rubber and coatings industries amid increased manufacturing activity. Import prices from the international market trended upward, raising overall final prices in the country. Limited regional supply availability further supported the uptrend. After the conclusion of Jun 2024, Zinc Oxide prices were assessed at USD 2602 per MT CIF Cat Lai, Vietnam.
Q1 2024
In Q1 2024, Zinc Oxide prices in Vietnam, rose in January and February due to strong demand from the rubber and coatings industries, supported by active production and tight vessel availability. However, in March, improved shipping conditions and easing feedstock prices led to a market correction. Meanwhile, imports remained steady although at a higher price. After the conclusion of March 2024, Zinc Oxide prices were assessed at USD 2241 per MT CIF Cat Lai (India), Vietnam.
Q1 2025
In Q1 2025, Zinc Oxide prices in India followed a mixed pattern, rising in January, dipping in February, and then increasing again in March. The initial price increase in January was fueled by higher demand from the rubber and coatings industries, which saw strong production and industrial activity. In February, prices softened slightly as supply conditions improved, and demand temporarily eased. However, by March, as the market regained momentum and restocking efforts intensified, Zinc Oxide prices climbed back up. After the conclusion of March 2025, Zinc Oxide 99.5% prices were assessed at USD 2608 per MT Ex-Kolkata.
Q4 2024
In Q4 2024, Zinc Oxide prices in India showed a mixed trend where prices displayed a downward trend in October and November, before rebounding in December 2024. The early decline was largely attributed to weaker demand from the rubber and coatings industries, as some manufacturers scaled back production due to year-end factors. Supply was more balanced during these months, and Feedstock Zinc prices also softened, easing production costs. After the conclusion of Dec 2024, Zinc Oxide prices were assessed at USD 2551 per MT Ex-Kolkata.
Q3 2024
In Q3 2024, Zinc Oxide prices in India experienced some fluctuation, starting with an increase in July, followed by a dip in August, before rising again in September. The initial price hike in July was driven by consistent demand from the rubber and coatings industries, alongside tight supply chains. However, in August, prices softened slightly as supply conditions improved, and some demand factors stabilized. Feedstock Zinc prices remained volatile throughout the quarter, impacting on production costs. After the conclusion of Sep 2024, Zinc Oxide prices were assessed at USD 2515 per MT Ex-Kolkata.
Q2 2024
In Q2 2024, Zinc Oxide prices in India remained relatively stable in April before experiencing an upward shift in the subsequent months. The price increase was primarily driven by strong demand from the rubber and industrial coatings industries, which stayed active due to higher production levels and favorable weather conditions that supported operations. Moreover, limited availability of imports and slight delays in domestic deliveries created moderate supply constraints. The cost of Feedstock: Zinc Ingot also rose during the quarter, contributing to increased production costs for Zinc Oxide. These combined factors led to a gradual price hike throughout the quarter. After the conclusion of Jun 2024, Zinc Oxide 99.5% prices were assessed at USD 2441 per MT Ex-Kolkata.
Q1 2024
During the first quarter of 2024, Zinc Oxide 99.5% prices in India began on a strong note, with notable increases observed in January and February, followed by a moderation in March. The initial price surge was primarily driven by robust demand from downstream sectors such as rubber and coatings, bolstered by active manufacturing and inventory replenishment. Limited domestic supply conditions further contributed to the bullish trend. The cost of Feedstock: Zinc Ingot, the primary raw material, remained elevated through the first two months, adding upward pressure on production expenses. However, as feedstock prices declined in March and supply conditions stabilized, market dynamics shifted, resulting in a price correction by quarter-end. After the conclusion of March 2024, Zinc Oxide prices were assessed at USD 2191 per MT Ex-Kolkata.
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Persistent Supply Chain Issues (2022): Supply chain disruptions continued to impact the availability of raw materials and the transportation of finished products. Geopolitical tensions and trade disputes further exacerbated supply chain challenges and increased uncertainty in the market. Rising inflation rates globally added to the cost pressures faced by manufacturers, leading to higher production costs and, consequently, higher Zinc Oxide prices.
Supply Chain Disruptions (2021): Continued supply chain bottlenecks, including logistical challenges and port congestion, impacted the availability of raw materials and finished products. Increased energy costs, particularly for electricity and natural gas, added to production costs, putting upward pressure on prices. As global economies recovered, demand for Zinc Oxide from various industries, such as automotive and construction, surged, further contributing to price increases.
COVID-19 Pandemic (2020): The outbreak of the COVID-19 pandemic led to significant disruptions in global supply chains, impacting raw material availability and production. As industries slowed down due to lockdowns and economic uncertainty, demand for Zinc Oxide decreased, leading to a decline in prices. Towards the end of the year, as economies started to reopen, demand for Zinc Oxide began to recover, stabilizing prices.
These events underscore the Zinc Oxide market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Zinc Oxide pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Zinc Oxide (ZnO) is a versatile, white inorganic compound commonly used in various industries, including pharmaceuticals, cosmetics, and manufacturing. It is known for its excellent UV-blocking properties, making it a key ingredient in sunscreens, offering broad-spectrum protection against both UVA and UVB radiation. In the medical field, Zinc Oxide is used in topical ointments and creams for its skin-healing and anti-inflammatory benefits. It also plays a crucial role in the rubber and ceramics industries, enhancing durability and providing corrosion resistance. As an essential element in numerous applications, Zinc Oxide offers both functional and protective benefits, combining safety with efficacy. Its non-toxic, stable nature further contributes to its widespread use in consumer and industrial products.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Test Parameters | Specifications |
Zinc Oxide Content as ZnO (dry basis) | 99.5% Min. |
Colour & Appearance | White Powder |
Volatile Matters on dry basis | 0.10% Max. |
LOI @850 ºC | 0.20% Max. |
Insoluble in Dil HCI acid | 0.040% Max. |
Lead Content as Pb | 0.05% Max. |
Iron Content as Fe | 0.005% Max. |
Cadmium Content as Cd | 0.001% Max. |
Total Sulphur Content | Nil |
Specific Gravity | 5.6 |
Bulk Density (tapped) | 0.75 gm/cc |
Surface Area (BET) | 4 – 6 m2/gm |
Residue on 350 mesh (wet Sieving) | 0.10% |
Applications
Zinc oxide stands out as a multifunctional material with critical roles across diverse sectors. In ceramics, it boosts durability and thermal resistance; in chemicals, it enhances the performance of rubber and plastics. Its pharmaceutical value lies in healing and antibacterial properties, while in agriculture, it acts as a vital micronutrient. Personal care products use it for UV protection and skin relief, and in construction, it strengthens concrete and coatings. These varied uses highlight zinc oxide’s adaptability and essential role in driving innovation and quality across both industrial and consumer markets.
The price of Zinc Oxide is influenced by several factors, including:
Grade and Purity: Higher-grade Zinc Oxide with lower impurities generally commands a higher price.
Particle Size: The size and distribution of Zinc Oxide particles can affect its price. Fine-grained Zinc Oxide is often more valuable for certain applications.
Location and Supply: The geographic location of Zinc Oxide mines and the availability of supply can influence prices. Regions with abundant Zinc Oxide resources may offer more competitive pricing.
Market Demand: Fluctuations in market demand for Zinc Oxide, driven by factors such as construction activity, oil and gas exploration, and industrial applications, can impact prices.
Economic Factors: Global economic conditions, such as inflation, currency exchange rates, and trade policies, can also influence Zinc Oxide prices.
Effective negotiation can help secure favorable Zinc Oxide prices. Consider the following strategies:
Research Market Prices: Gather information on current market prices for Zinc Oxide to establish a baseline for negotiations.
Leverage Volume: If you have significant purchasing volume, use it as leverage to negotiate better pricing.
Explore Alternative Suppliers: Having multiple suppliers can provide more negotiating power.
Consider Long-Term Contracts: Long-term contracts can often secure more stable pricing and potentially offer discounts.
Negotiate Payment Terms: Discuss payment terms, such as discounts for early payment or extended credit periods, to improve your financial position.
Assess Supplier Reliability: Evaluate suppliers’ reliability, quality control measures, and delivery performance to ensure you’re getting value for your money.
The Zinc Oxide market is evolving, and several trends may influence future pricing:
Construction Activity: The growth of the construction sector, particularly infrastructure development and residential building, can increase demand for Zinc Oxide and drive prices up.
Oil and Gas Exploration: Expanding oil and gas exploration activities can lead to increased demand for Zinc Oxide in drilling fluids, potentially affecting prices.
Industrial Applications: New applications for Zinc Oxide in industries such as rubber, plastics, and paints can create additional demand and influence pricing.
Technological Advancements: New technologies or production methods that improve Zinc Oxide extraction, processing, or synthesis could potentially impact pricing.
Environmental Regulations: Stricter environmental regulations may increase production costs, potentially leading to higher Zinc Oxide prices.
Competition: The competitive landscape of the Zinc Oxide market can influence pricing. Increased competition may drive prices down, while reduced competition could lead to higher prices.
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