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US zinc powder prices are expected to increase in September, with the market expected to retain a firm bias as tighter exchange inventories, reduced offshore allocations, and higher China-US freight raise delivered replacement costs for California buyers. The September outlook for zinc powder points to a *.*** increase, supported by firmer LME zinc ingot values and improving pharmaceutical-grade demand, although moderating galvanizing activity and competitive Mexican supply may limit the extent of the advance.
In the first week of September, zinc powder prices edged higher as constrained availability outweighed incremental demand. Zinc Powder (Pharma Grade) CFR California increased to USD *,***/tonne, up USD **, or *.***, from the previous week**;s USD *,***/tonne. Shanghai-Los Angeles freight for a **ft container increased sharply, adding to the delivered costs. Global exchange warehouse stocks fell to **,*** tonnes in late August, their lowest level in years, reinforcing the...
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