Zinc prices have reached their highest level in 20 months due to concerns about a tightening global supply.
On the London Metal Exchange, three-month futures rose by up to 3.7%, reaching $3,260.50 per ton, the highest intraday price since February of the previous year.
The increase in zinc prices is a result of mine disruptions that are expected to further limit supplies. Traders are increasingly worried about the availability of this essential metal, leading to a third consecutive daily gain in prices.