Copper - Overnight, LME copper opened at $9,023/mt, initially fluctuated downward and then rebounded, reaching an intraday high of $9,035/mt. Subsequently, it fluctuated downward again, hitting an intraday low of $8,977/mt near the close, and finally settled at $8,980/mt, up by 0.16%. Trading volume reached 15,000 lots, and open interest stood at 260,000 lots. Overnight, the most-traded SHFE copper 2502 contract opened at 74,500 yuan/mt, initially hitting a high of 74,580 yuan/mt. It maintained a fluctuating trend during the session, touching a low of 74,370 yuan/mt, and slightly rebounded near the close before pulling back again, finally settling at 74,430 yuan/mt, up by 0.01%. Trading volume reached 15,000 lots, and open interest stood at 144,000 lots.
Aluminum - Futures Market: Overnight, the most-traded SHFE aluminum 2502 contract opened at 19,735 yuan/mt, reached a high of 19,785 yuan/mt, a low of 19,710 yuan/mt, and closed at 19,745 yuan/mt, up 65 yuan/mt or 0.33%. Yesterday, LME aluminum opened at $2,491/mt, hit a high of $2,524/mt, a low of $2,484/mt, and closed at $2,522.5/mt, up $31/mt or 1.24%.
Lead - Overnight, LME lead opened at $1,947/mt, fluctuated rangebound during the Asian session with a low of $1,934.5/mt. Entering the European session, LME lead maintained a fluctuating trend, surged at the close to a high of $1,975/mt, and finally settled at $1,972.5/mt, up 1.28%. Overnight, the most-traded SHFE lead 2502 contract opened higher with a gap at 16,755 yuan/mt, fluctuated downward during the session to a low of 16,720 yuan/mt. Boosted by the upward movement of LME lead, it rose at the close to a high of 16,780 yuan/mt and finally settled at 16,770 yuan/mt, up 0.24%.
Zinc - Overnight, LME zinc opened at $2,900.5/mt. After the opening, LME zinc gradually moved downward along the daily moving average, surged to a high of $2,918/mt during the midday session, then slightly declined to a low of $2,868/mt during the night session. Subsequently, LME zinc rebounded to hover near the daily moving average and ultimately closed lower at $2,879/mt, down by $16/mt or 0.55%. Trading volume decreased to 11,693 lots, and open interest dropped by 1,800 lots to 218,000 lots. Overnight, the most-traded SHFE zinc 2502 contract opened at 24,340 yuan/mt. At the beginning of the session, SHFE zinc slightly rose to a high of 24,420 yuan/mt, then moved downward to fluctuate below the daily moving average, hitting a low of 24,285 yuan/mt during the session. Near the end of the session, SHFE zinc rebounded again to hover near the daily moving average and ultimately closed lower at 24,320 yuan/mt, down by 75 yuan/mt or 0.31%. Trading volume decreased to 59,408 lots, while open interest increased by 1,557 lots to 106,000 lots.