Copper
LME copper prices opened at $8407.5/mt overnight before reaching a high of $8480/mt, and closed at $8469.5/mt, a rise of 0.29%. Trading volumes were 20,000 lots and open interest stood at 267,000 lots. The most active SHFE 2401 copper contract prices opened at 68000 yuan/mt and finished at 68290 yuan/mt overnight, up 0.21%, with the low-end of 67960 yuan/mt and the high-end of 68330 yuan/mt. Trading volume was 30,000 lots and open interest stood at 163,000 lots.
Aluminum
Overnight, the most-traded SHFE 2401 aluminum contract opened at 18545 yuan/mt, with low and high at 18500 yuan/mt and 18625 yuan/mt before closing at 18530 yuan/mt, down 50 yuan/mt or 0.27%. LME aluminum opened at $2218.5/mt in the previous trading day, with its low and high at $2187/mt and $2219/mt respectively before closing at $2194/mt, down 0.95%.
Lead
Overnight, LME lead prices opened at $2144/mt, Entering the European session, LME lead stocks turned to a downward trend, with a daily decrease of nearly 3,000 mt. The contract dropped to a low of $2,121/mt, once again set a new low in the past month. At last, the contract closed at $2127/mt, down 0.7%.
The most-traded SHFE 2401 Lead contract opened at 15825 yuan/mt in overnight trading, with the high-end of 16015 yuan/mt. The price reached as low as 15,755 yuan/mt, setting a new low since July 21, 2023. The contract closed at 15800 yuan/mt, a decrease of 0.44%. Open interest stood at 64576 lots, a decrease of 3090 lots from the previous trading day.
zinc
Overnight, LME zinc opened at $2500/mt and closed down $25/mt or 1% at $2472.5/mt. The trading volume was 11605 lots, and open interest increased 1189 lots to 204,000 lots. The most-traded SHFE 2401 zinc contract opened lower at 20720 yuan/mt and rose before closing at 20690 yuan/mt, down 110 yuan/mt or 0.53%. Trading volume was 43,000 lots, and open interest fell 879 lots to 92,000 lots.
Nickel
Overnight, the most-traded SHFE nickel contract opened at 131590 yuan/mt, and closed at 131210 yuan/mt, up 100 yuan/mt. Trading volume rose 19867 lots, and open interest increased by 1955 lots.