US Zinc Powder Prices Fall 4.6% WoW Despite conflict in West Asia, check here why

Zinc powder market sentiment in the US weakened in mid-March after a mixed February, as early stability gave way to softer trading conditions. The temporary easing in import costs following tariff adjustments encouraged suppliers to offer discounts, while later increases in feedstock and freight expenses briefly supported firmer quotations in early March. However, this upward movement did not sustain, as the Spring Festival period in China contributed to stronger export availability alongside subdued downstream demand, resulting in renewed downward pressure on landed offers and domestic sentiment. Demand from key end-use sectors remained generally steady, particularly from pharmaceutical and nutraceutical manufacturers, although most buyers continued requirement-based procurement supported by comfortable inventories. Upstream cost conditions remained firm, with zinc ingot values and trans-Pacific freight charges increasing overall cost pressure for suppliers. Despite these cost-side pressures, mid-March trading shifted lower as buyers resisted elevated offers, and procurement urgency remained limited. Looking ahead, geopolitical uncertainty around the Strait of Hormuz and continued freight volatility are expected to support near-term upside risks before market conditions gradually stabilize.