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During the first quarter of 2023,the Zinc Pricesshowed an increased tendency, with CFR California prices rising from $3913 perMT in January to $4250 per MT in March. Industry experts had predicted that theend-user F&B, pharmaceutical, and nutraceuticals industries would continueto navigate through mixed sentiments during the first quarter of 2023, giventhe market turbulence in the preceding quarter. The market dynamics in the USwere kept in check, though, by continuous end-user demand for Zinc powderthroughout the quarter and reasonable inquiries from downstream suppliers.Retailers in the United States benefited from the decrease in ocean shippingcosts for imports in the second part of the quarter. When demand was high,carriers concentrated on the most profitable cargo and made recordprofits.  

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