The SHFE/LME zinc price ratio fell, while LME zinc prices rose due to factors such as strikes.

Published: Jun 27, 2025 13:38

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[SMM Flash News] This week, the SHFE/LME zinc price ratio declined and oscillated around 8.2, with the import window for zinc ingots remaining closed. Overseas, macro-wise, a comprehensive ceasefire between Israel and Iran was reached, energy prices fell back from highs, US interest rates and the US dollar index declined, geopolitical risk appetite improved, macro sentiment turned positive. Additionally, workers at a 345,000 mt annual capacity smelter in Peru announced a strike, providing fundamental support, driving LME zinc prices to rise continuously.

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