Zinc LME price

Zinc LME price: important for human health and industry

Zinc is an important element with a key role in many aspects of human health and industry. The biological functions of this element are many: from the proper functioning of the immune system, to the growth-development of children, to cognitive function, to the synthesis of collagen for wound healing.

Main industrial applications of Zinc:

• Food industry: Zinc is used as a food additive to preserve food and prevent the growth of bacteria; it is also used to give flavour and colour to food.
• Cosmetics: Zinc is used in some cosmetic products for its astringent and anti-inflammatory properties; it can be useful for treating acne and other skin conditions.
• Pharmaceutical industry: this element is used in some drugs to treat colds and flu.
• Metal industry: Zinc is a versatile metal used in various alloys including the brass family; it is also used to coat other metals to protect them from corrosion.
• Agricultural industry: this element is an essential plant nutrient and is used as a fertiliser to help crops grow and develop.

LME Zinc price: prices influenced by several factors

The price of Zinc is subject to significant fluctuations in the global market, influenced by factors such as supply and demand, economic and geopolitical conditions, production costs and financial speculation. Zinc prices are an important indicator for the global economy, reflecting the health of various industries.

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