Rate Hike Expectations Disrupt, SHFE/LME Zinc Price Ratio Rebounds to Around 7.0 and Fluctuates [SMM Zinc SHFE/LME Price Ratio Weekly Review]
[Rate Hike Expectations Disturb, SHFE/LME Zinc Price Ratio Rebounds to Around 7 and Fluctuates]: This week, the SHFE/LME zinc price ratio rebounded to around 7 and fluctuated, while the zinc ingot import window remained closed. Outside China, US Fed rate hike expectations continued to heat up, base metals generally fell, and the market had not shaken off inflation concerns, with the LME zinc price center pulling back.