Current Zinc Pricing
Movements in Zinc

April 2018
Zinc Purchase Price - AUD$4,684

Levy to be charged on May invoices using above price. 

Historic

March 2018
Zinc Purchase Price - AUD$4,941

Levy to be charged on April invoices using above price. 

February 2018
Zinc Purchase Price - AUD$4,654

Levy to be charged on March invoices using above price. 

January 2018
Zinc Purchase Price - AUD$4,490

Levy to be charged on February invoices using above price. 

December 2017
Zinc Purchase Price - AUD$4,655

Levy to be charged on January invoices using above price. 

November 2017
Zinc Purchase Price - AUD$4,651

Levy to be charged on December invoices using above price. 

October 2017
Zinc Purchase Price - AUD$4,356

Levy to be charged on November invoices using above price. 

September 2017
Zinc Purchase Price - AUD$4,142

Levy to be charged on October invoices using above price.

 

LME Zinc Historical Prices

View the LME

Dear Customers

Over the past 18 months the global demand for zinc has outstripped supply by record high levels causing the price of zinc to go through the roof. The price has increased by a staggering 66.6% from AUD$2,486 per tonne (FIS) in January 2016 to AUD$4,142 per tonne (FIS) in September 2017.

I’m sure you’ll appreciate the difficulties in trying to manage a business when the cost of your primary raw material rises significantly every month. Although we have been doing everything possible to absorb these increases whist trying to remain competitive, we have regrettably reached a point where this is no longer sustainable.

We believe the fairest method of dealing with these increases is by the introduction of a transparent surcharge linked directly to the price of zinc, which you are able to track at any time via our web site www.mgalv.com.au or the official London Metal Exchange (LME) website www.lme.com.

This surcharge became effective on 1st October 2017 and will be displayed on your invoice as “Zinc Levy”. 

We have done our very best to ensure the levy has the smallest possible impact on your business so please do not hesitate to contact Andre Meneghello or Scott Lawson if you have any questions or wish to discuss the structure of the zinc levy in any way.

Yours faithfully


7 September 2017