Zinc futures rose 1.3% to US$3,907.80 a tonne on Tuesday, but the main Latin American zinc proxies fell sharply. Nexa lost 3.6% and Buenaventura slid
Key Facts
Zinc futures rose to US$3,907.80 per tonne on Tuesday, September 1, 2026, up 1.30% from the previous session.
Nexa Resources shares fell 3.60% to US$13.12, even as the underlying metal advanced.
Buenaventura shares dropped 2.57% to US$33.42, breaking with the commodity’s upward move.
Galvanised steel demand absorbing roughly 60% of refined zinc consumption, or about 8.2 million tonnes a year, anchored the fundamental story.
Zinc proxies diverged on Friday, August 7: Nexa Resources slipped 1.40% to US$14.10 while Buenaventura surged 4.88% to US$34.15.…
Zinc gained on Friday, September 4, 2026, as tight supply met steady galvanised-steel demand. Nexa slipped while Buenaventura…
Latin American zinc proxies diverged on Monday: Nexa Resources closed flat at US$12.85 while Buenaventura rose 0.63% to US$30.47,…
Zinc proxies fell on Friday: Nexa Resources dropped 2.36% to US$12.85 and Buenaventura sank 4.96% to US$30.28 on…
Nexa Resources closed at US$13.16 and Buenaventura at US$31.86 as Latin American zinc proxies rallied on stronger…
Zinc proxies Nexa and Buenaventura moved as supply tightening and low inventories supported prices near multi-year highs on…
