SHFE/LME Zinc Price Ratio Surges, Closing Import Window Amid Moody's US Credit Downgrade and Low Rate Cut Expectations

Published: May 23, 2025 16:39

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[SMM News] This week, the SHFE/LME zinc price ratio rose to around 8.5, closing the import window for zinc ingots. Overseas, Moody's downgraded the US credit rating from Aaa to Aa, and market sentiment about economic concerns continued to rise. Later, Bostic reiterated his preference for only one interest rate cut this year, and LME zinc prices declined amid sentiment and low expectations for interest rate cuts.

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