Copper - Overnight, LME copper opened at $9,949/mt, initially rose to a high of $9,981/mt, then fluctuated downward to a low of $9,860/mt before climbing to a high of $9,965/mt at the close, and finally settled at $9,952/mt. Trading volume reached 12,000 lots, and open interest reached 300,000 lots. SHFE copper market was closed overnight.

Aluminum - Before the holiday, namely on September 30, the most-traded SHFE aluminum 2411 contract opened at 20,355 yuan/mt, with bears reducing positions, reaching a high of 20,635 yuan/mt, a low of 20,330 yuan/mt, and closing at 20,460 yuan/mt, up 105 yuan/mt, an increase of 0.52%. Yesterday (October 7), LME aluminum opened at $2,622.5/mt, with a high of $2,669/mt, a low of $2,641.5/mt, and closed at $2,654/mt, down $9.5/mt, a decrease of 0.36%.

Lead - Overnight, LME lead opened at $2,156/mt, rose slightly during the Asian session, and consolidated around the daily moving average in the European session, reaching a high of $2,167/mt before fluctuating downward, finally closing at $2,153/mt, up $3/mt, an increase of 0.14%. Overnight, SHFE lead was closed due to the National Day holiday. During the holiday week (9.30-10.4), LME lead opened at $2,126/mt and closed at $2,150/mt, up $38.5/mt, an increase of 1.82%.

Zinc - Overnight, LME zinc opened at $3,175/mt, initially fluctuating widely along the daily moving average, dipping to $3,155/mt, then bulls increased positions, pushing LME zinc higher during European trading hours to a peak of $3,189/mt, continuing to fluctuate widely along the daily moving average, and finally closing up at $3,180/mt, up $9.5/mt, an increase of 0.3%. Trading volume decreased to 7,883 lots, and open interest increased by 1,607 lots to 260,000 lots. Overnight, LME zinc recorded a bullish candlestick, with LME inventory decreasing by 1,225 mt to 244,100 mt, a drop of 0.5%. US further interest rate cut expectations have risen again, and domestic policy support remains, with LME zinc fluctuating at high levels, expected to fluctuate today.

Nickel - On September 30, Jinchuan nickel was quoted at a premium of 1,300-1,500 yuan/mt, with an average of 1,400 yuan/mt, down 350 yuan/mt from the previous trading day. Norilsk nickel was quoted at a discount of 600-200 yuan/mt, with an average of 400 yuan/mt, down 150 yuan/mt from the previous trading day.