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The SHFE/LME price ratio continued to consolidate around 6.8 [SMM Zinc SHFE/LME Price Ratio Weekly Review]
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[SHFE/LME zinc price ratio continues to consolidate around 6.8]: This week, the SHFE/LME zinc price ratio remained around 6.8, with China's zinc ingot export window still open. Outside China, the preliminary US September PMI came in stronger than expected, multiple US Fed officials released hawkish signals, US Treasury yields and the US dollar index strengthened, and ex-China fundamentals saw reduced support, with LME zinc consolidating.
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