SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SHFE/LME zinc price ratio rebounded and fluctuated around 7.5 [SMM Weekly Review of SHFE/LME Zinc Price Ratio]

SHFE/LME zinc price ratio rebounded and fluctuated around 7.5 [SMM Weekly Review of SHFE/LME Zinc Price Ratio]

iconDec 31, 2025 17:20
[SHFE/LME price ratio rebounded to around 7.5 and fluctuated]: This week, the SHFE/LME price ratio rebounded to around 7.5, and the zinc ingot import window remained closed. Overseas, the US Fed released the December meeting minutes, with most members supporting further interest rate cuts. Meanwhile, driven by copper and precious metals, LME zinc rose.

SMM December 31: The SHFE/LME zinc price ratio rebounded to around 7.5 this week, and the import window for zinc ingots remained closed. Overseas, the US Fed released the December meeting minutes, with most members supporting further interest rate cuts. Boosted by copper and precious metals, LME zinc rose. Domestically, the proactive fiscal policy stance continued into next year, the 2026 trade-in policy was issued, overall liquidity was loose, and overall supply eased. However, macro factors drove the center of SHFE zinc higher. The SHFE/LME price ratio increased. Next week, the SHFE/LME zinc price ratio is expected to hold steady.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Zinc Oxide Project Feasibility Analysis
2.Zinc Recovery Industry Study
3.Feasibility Study Of Investing a Lead-Zinc Ore Mining Smelting Project In Indonesia
4.Zinc Resources Industry Development Research
5.Zinc Industry Value Chain And Related 3 Hot Topics
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2026 SMM Information & Technology Co., Ltd. All rights reserved.