Copper - Overnight, LME copper opened at $9,546/mt, initially declined to $9,488/mt, then rose all the way, fluctuated rangebound during the session, and peaked at $9,566/mt. It dropped back slightly at the end of the session, finally closing at $9,559/mt, up 0.09%. Trading volume reached 16,000 lots, and open interest reached 275,000 lots. Overnight, the most-traded SHFE copper 2412 contract opened at 76,270 yuan/mt, initially dipped to 76,250 yuan/mt, then fluctuated upwards during the session, and peaked at 76,630 yuan/mt. It dropped back slightly at the end of the session, finally closing at 76,440 yuan/mt, down 0.3%. Trading volume reached 35,000 lots, and open interest reached 155,000 lots.

Aluminum - Overnight, the most-traded SHFE aluminum 2412 contract opened at 20,810 yuan/mt, with a high of 20,835 yuan/mt and a low of 20,720 yuan/mt, closing at 20,730 yuan/mt, down 85 yuan/mt from the previous close, a decrease of 0.41%. Trading volume was 42,500 lots, open interest was 204,000 lots, with a daily reduction of 2,804 lots. Yesterday, LME aluminum opened at $2,660.5/mt, reached a high of $2,677.5/mt, a low of $2,612.5/mt, and closed at $2,615/mt, down $45/mt, a decrease of 1.69%.

Lead - Overnight, LME lead opened at $2,029/mt and fluctuated downward after the opening. During the European session, it dipped to $1,996/mt before rebounding to the daily moving average, finally closing at $2,008.5/mt, down $18.5/mt or 0.91%. Overnight, the most-traded SHFE lead 2412 contract opened at 16,560 yuan/mt. It initially rose to a high of 16,625 yuan/mt before weakening to 16,535 yuan/mt and then consolidating sideways, ultimately closing at 16,555 yuan/mt, down 130 yuan/mt or 0.78%.

Zinc - Overnight, LME zinc opened at $3,123/mt. Initially, LME zinc fluctuated around the daily moving average, then fluctuated downward below the daily moving average, with the focus hovering around $3,107/mt. Subsequently, LME zinc slightly moved upward, fluctuating around the daily moving average, reaching a high of $3,148/mt. During the night session, LME zinc's focus moved downward to a low of $3,074/mt, and by the end of the session, it slightly moved upward again, fluctuating around $3,085/mt, closing down at $3,087/mt, a decrease of $40/mt or 1.28%. Trading volume decreased to 72,416 lots, and open interest decreased by 1,851 lots to 253,000 lots. Overnight, the most-traded SHFE zinc 2412 contract opened at 24,960 yuan/mt. Initially, with increased long positions, SHFE zinc fluctuated widely around the daily moving average, reaching a low of 24,945 yuan/mt. Subsequently, with increased short positions, SHFE zinc fluctuated upward, reaching a high of 25,085 yuan/mt. Then, with reduced long positions, SHFE zinc fluctuated downward, and by the end of the session, it fluctuated narrowly around 24,980 yuan/mt, closing down at 24,985 yuan/mt, a decrease of 45 yuan/mt or 0.18%. Trading volume decreased to 73,547 lots, and open interest increased by 1,842 lots to 115,000 lots.

Nickel - On October 30, Jinchuan nickel was quoted at a premium of 1,700-1,900 yuan/mt, with an average of 1,800 yuan/mt, up 100 yuan/mt from the previous trading day. Norilsk nickel was quoted at a discount of 200-0 yuan/mt, with an average of 100 yuan/mt, remaining unchanged from the previous trading day.