Copper - Overnight, LME copper opened at $9,780/mt, rose slightly to a session high of $9,815.5/mt at the beginning, then dropped slightly to a session low of $9,742/mt during the day. By the end of the trading session, it rebounded and closed at $9,785/mt, up 0.68%，with a trading volume of 16,000 lots and open interest of 319,000 lots. The most-traded SHFE copper contract (2407) opened at ¥79,270/mt, dropped slightly to a session low of ¥78,940/mt at the beginning, then rose to a session high of ¥79,490/mt by the end of the trading session, and finally closed at ¥79,400/mt, up 1.19%, with a trading volume of 23,000 lots and open interest of 149,000 lots.
Aluminum - Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,485 yuan/mt, reached a high of 20,585 yuan/mt, a low of 20,485 yuan/mt, and closed at 20,535 yuan/mt, up 60 yuan/mt, an increase of 0.29%. The previous trading day, LME aluminum opened at $2,495/mt, reached a high of $2,520/mt, a low of $2,484/mt, and closed at $2,489.5/mt, down $6/mt, a decrease of 0.24%.
Lead - Overnight, LME lead opened at $2,190/mt, fluctuated upwards during the Asian session, and reached a session high of $2,245/mt during the European session before consolidating. LME lead stocks increased for three consecutive days, leading to long positions exiting the market. LME lead then dropped to a session low of $2,186/mt, and after slight consolidation, it closed at $2,193/mt, down 0.09%. The most-traded SHFE lead contract (2408) opened at ¥19,500/mt, briefly touched a high of ¥19,560/mt at the beginning, then fell to a session low of ¥18,935/mt amid the weak LME lead atmosphere, and finally closed at ¥18,985/mt, down ¥275/mt, or 1.43%.
Zinc - Overnight, LME zinc opened at $2,855/mt, briefly fluctuated around the average daily line at the beginning, then rose above the average daily line, reaching a session high of $2,885.5/mt. During the night session, LME zinc surged and then quickly fell to a session low of $2,837.5/mt, before rebounding to near the average daily line by the end of the trading session, closing up $11.5/mt, or 0.4%, with a trading volume reduced to 5,935 lots and open interest down by 828 lots to 232,000 lots.
Nickel - On June 19, Jinchuan was at a premium of 2,800-3,000 yuan/mt, with an average of 2,900 yuan/mt, up 50 yuan/mt compared to the previous trading day. Russian nickel was at a discount of 200 yuan/mt to a premium of 100 yuan/mt, with an average discount of 50 yuan/mt, up 50 yuan/mt compared to the previous trading day.
Tin - In the night session yesterday, the most-traded SHFE 2408 tin contract closed at 270,240 yuan/mt, up 3,430 yuan/mt, an increase of 1.29%. The highest price was 272,100 yuan/mt, and the lowest was 268,500 yuan/mt.