SHFE/LME price ratio consolidates around 6.7 [SMM Zinc SHFE/LME Price Ratio Weekly Review]



[SHFE/LME price ratio consolidates around 6.7] This week, the SHFE/LME price ratio consolidated around 6.7, with the import window remaining closed. Ex-China, expectations for a December rate hike resurfaced, the US tech sector slumped, and US Treasury yields and the dollar strengthened, weighing on base metals, with LME zinc’s center pulling back.



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