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SHFE/LME Zinc Price Ratio To Remain At The Current Level

  • Jul 03, 2023, at 5:09 pm
  • SMM
Last week, the SHFE/LME zinc price ratio hovered at a high level around 8.6. However, expectations of favourable domestic policies, coupled with low social inventory, will keep SHFE zinc prices stronger.

Last week, the SHFE/LME zinc price ratio hovered at a high level around 8.6. However, expectations of favourable domestic policies, coupled with low social inventory, will keep SHFE zinc prices stronger.

But considering a large influx of imported zinc ingot and the domestic off-season, the SHFE/LME zinc price ratio will remain at the current level.

  • Industry
  • Zinc
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