🔔 Base Metal Update - Advisory Bazaar Info Services

📉 Copper

• LME Copper opened at $9,668/mt, hit a high of $9,694.5/mt, and touched a low of $9,648/mt before closing at $9,650.5/mt, down 0.2%.

• Volume: 13,000 lots | Open Interest: 291,000 lots

• SHFE Copper (2507) opened at ¥78,640/mt, hit a high of ¥78,700/mt, and a low of ¥78,500/mt, closing at ¥78,610/mt, down 0.01%.

• Volume: 19,000 lots | Open Interest: 181,000 lots

📉 Aluminum

• LME Aluminum opened at $2,549/mt, reached a high of $2,560.5/mt, and a low of $2,537.5/mt, closing at $2,546.5/mt, up $1.5/mt (+0.06%).

• SHFE Aluminum (2507) opened at ¥20,650/mt, moved between ¥20,590–¥20,650/mt, and closed at ¥20,645/mt, down ¥35/mt (-0.17%).

📈 Lead

• LME Lead opened at $1,983/mt, dropped to a low of $1,971/mt before rebounding to close at $1,989.5/mt, up 0.68%.

• Driven by global geopolitical tension and the Fed maintaining rates.

• SHFE Lead (2507) opened at ¥16,850/mt, fluctuated upward but failed to reclaim ¥16,900/mt, closing at ¥16,845/mt, up 0.06%.

• Open Interest: 38,409 lots (↓1,645 lots)

📈 Zinc

• LME Zinc opened at $2,636.5/mt, reached a high of $2,660/mt, dropped to $2,631/mt, and settled at $2,643.5/mt, up $7/mt (+0.27%).

• Volume: 89,509 lots | Open Interest: 208,000 lots (↓3,356 lots)

• SHFE Zinc opened lower at ¥21,945/mt, dipped to ¥21,920/mt, peaked at ¥22,020/mt, and closed at ¥21,955/mt, down ¥105/mt (-0.48%).

• Volume: 46,384 lots | Open Interest: 91,164 lots (↓6,064 lots)

📈 Tin

• SHFE Tin (SN2507) rebounded after bottoming out during the night session, closing at ¥264,150/mt, up 0.27% from the previous day.