Copper - Overnight, LME copper opened at $9,178/mt, initially dipping to $9,155/mt before climbing steadily. Near the session's end, it peaked at $9,292/mt and finally closed at $9,291/mt, up 0.27%. Trading volume reached 20,000 lots, and open interest stood at 298,000 lots. Overnight, the most-traded SHFE copper 2503 contract opened at 75,380 yuan/mt, initially dipping to 75,350 yuan/mt before fluctuating upward. Near the session's end, it peaked at 75,740 yuan/mt and finally closed at 75,700 yuan/mt, up 0.08%. Trading volume reached 21,000 lots, and open interest stood at 160,000 lots.
Aluminum - Overnight, the most-traded SHFE aluminum 2503 contract opened at 20,335 yuan/mt, hit a high of 20,375 yuan/mt, a low of 20,280 yuan/mt, and closed at 20,340 yuan/mt, down 75 yuan/mt or 0.36%. On Wednesday, LME aluminum opened at $2,681/mt, reached a high of $2,692/mt, a low of $2,632/mt, and closed at $2,651.5/mt, down $36/mt or 1.34%.
Lead - Overnight, LME lead opened at $1,971.5/mt, briefly touched $1,975.5/mt during the Asian session, then weakened throughout the European session, fluctuating around $1,950/mt, with a low of $1,942/mt. Before the close, it rebounded to recover losses, finally settling at $1,969/mt, down $3/mt or 0.15%. Overnight, the most-traded SHFE lead 2503 contract opened at 16,650 yuan/mt, slightly rose to a high of 16,675 yuan/mt in early trading, then fluctuated rangebound around the daily moving average, briefly touching a low of 16,605 yuan/mt, and finally closed at 16,640 yuan/mt, down 140 yuan/mt or 0.83%.
Zinc - Overnight, LME zinc opened at $2,958/mt. At the beginning of the session, LME zinc fluctuated around the daily moving average. During the European trading hours, it plunged downward, and in the night session, its center moved upward, fluctuating around $2,930/mt. By the end of the session, LME zinc continued to decline, hitting a low of $2,906/mt and closing down at $2,911/mt, a decrease of $46/mt or 1.56%. Trading volume increased to 80,676 lots, while open interest decreased by 1,330 lots to 222,000 lots. Overnight, the most-traded SHFE zinc 2503 contract opened at 24,130 yuan/mt. At the beginning of the session, SHFE zinc fluctuated around the daily moving average, reaching a high of 24,220 yuan/mt. Subsequently, with increased short positions, SHFE zinc fluctuated downward below the daily moving average, hitting a low of 24,060 yuan/mt and closing down at 24,085 yuan/mt, a decrease of 115 yuan/mt or 0.48%.
Nickel - Nickel sulphate index price was 26,549 yuan/mt, with the quotation range for battery-grade nickel sulphate at 26,340-27,000 yuan/mt, and the average price increased compared to the previous day.