SMM Flash News: SHFE/LME Price Ratio Hits 8.8, US Services PMI Misses, Risk-Averse Sentiment Boosts LME Zinc Prices

Published: May 9, 2025 21:01

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[SMM Flash News] This week, the SHFE/LME price ratio climbed to around 8.8, with the zinc ingot import window remaining open. Overseas, the final reading of the US S&P Global Services PMI for April came in at 50.8, falling short of the previous reading and expectations. The market sentiment was risk-averse, and LME zinc prices rose slightly.

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