Copper - Overnight, LME copper opened at $9,539/mt, fluctuated upward throughout the session, hitting a low of $9,510.5/mt during the fluctuations and a high of $9,575/mt near the close, finally settling at $9,558/mt, up 1.23%. Trading volume reached 18,000 lots, and open interest stood at 287,000 lots. Overnight, the most-traded SHFE copper 2504 contract opened higher at 77,940 yuan/mt, then shifted lower to a low of 77,560 yuan/mt, before fluctuating upward and closing at 77,670 yuan/mt, up 0.13%. Trading volume reached 20,000 lots, and open interest stood at 169,000 lots.
Aluminum - Yesterday, the SHFE aluminum 2504 contract opened at 20,865 yuan/mt, peaked at 20,895 yuan/mt, hit a low of 20,820 yuan/mt, and closed at 20,860 yuan/mt, up 70 yuan/mt or 0.34% from the previous day. LME aluminum opened at $2,687/mt, reached a high of $2,730/mt, a low of $2,686.5/mt, and closed at $2,730/mt, up $43/mt or 1.6%.
Lead - Overnight, LME lead opened at $1,993.5/mt, fluctuated upward during the Asian session, and continued to rise in the European session, reaching a high of $2,011/mt. It then pulled back under pressure to a low of $1,990/mt and finally closed at $2,004/mt, up $11.5/mt or 0.58%. Overnight, the most-traded SHFE lead 2503 contract opened at 17,120 yuan/mt, briefly touched a high of 17,230 yuan/mt during early trading, then fluctuated downward after a short consolidation, and finally closed at 17,135 yuan/mt, up 90 yuan/mt or 0.53%.
Zinc - Overnight, LME zinc opened at $2,876/mt. At the beginning of the session, LME zinc briefly consolidated around the daily moving average before bulls increased positions, driving LME zinc upward. During European trading hours, the center shifted higher to fluctuate around $2,915/mt, reaching a high of $2,923/mt, and finally closed up at $2,923/mt, an increase of $48.5/mt or 1.69%. Trading volume decreased to 8,265 lots, while open interest increased by 3,560 lots to 227,000 lots. Overnight, the most-traded SHFE zinc 2504 contract opened at 24,170 yuan/mt. At the beginning of the session, bears increased positions, causing SHFE zinc to move downward below the upper edge of the daily moving average. The center shifted lower to 24,060 yuan/mt, hitting a low of 24,020 yuan/mt, and finally closed up at 24,075 yuan/mt, an increase of 100 yuan/mt or 0.42%. Trading volume decreased to 38,056 lots, while open interest increased by 1,886 lots to 74,466 lots.