Zinc just hit its highest price since 2007.

The recent pullback in zinc prices proved short-lived. As I told you earlier, zinc is one of my favorite investment ideas for 2017.

This critical metal is in high demand. You can see that in the price chart below:

(Click on image to enlarge)

China’s zinc imports soared 353% from February 28 to July 31.

July’s volume is well up from the bottom. But it is about 26,000 metric tons below the 2015 peak of 94,434 metric tons.

This trend remains in place.