The SHFE/LME zinc price ratio pulled back to around 6.8 and consolidated

Published: Jul 31, 2026 15:55

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The SHFE/LME zinc price ratio pulled back to around 6.8 and consolidated: This week, the ratio pulled back to around 6.8 and consolidated, closing the zinc ingot import window. Outside China, the US Fed stood pat at its July meeting, US GDP and PCE data missed expectations, and the pullback in the US dollar index boosted base metals. Meanwhile, LME inventory dropped to around 100,000 mt, and LME zinc remained relatively strong.

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