SHFE/LME Zinc Price Ratio Rises, Moody's Downgrade Impacts LME Zinc Prices

Published: May 23, 2025 16:41

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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, leading to rising market sentiment of economic concerns. Subsequently, Bostic reiterated his preference for only one interest rate cut this year, and LME zinc prices declined amidst this sentiment and low expectations for interest rate cuts.

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