🔶 *Base Metal Update*

*Advisory Bazaar Info Services*

*📅 Date: 26 June 2025*

🔸 *Copper*

• LME: Opened at $9,692.5/mt, hit a high of $9,738.0/mt and a low of $9,684/mt, before closing at $9,727.0/mt, up 0.65%.

➤ Volume: 14,874 lots | Open Interest: 286,436 lots

➤ Trend: Initial fluctuations followed by upward movement, with slight pullback at close.

• SHFE (2508): Opened at ¥78,600/mt, reached a high of ¥78,740/mt and a low of ¥78,510/mt, closing at ¥78,720/mt, up 0.36%.

➤ Volume: 25,683 lots | Open Interest: 175,229 lots

🔸 *Aluminum*

• SHFE (2508): Opened at ¥20,340/mt, high of ¥20,380/mt, low of ¥20,325/mt, and closed at ¥20,345/mt.

➤ Volume: 42,000 lots | Open Interest: 253,000 lots

• LME: Opened at $2,567/mt, with a high of $2,569/mt, low of $2,565/mt, and closed at $2,566/mt.

🔸 *Lead*

• LME: Opened at $2,018/mt, surged to $2,049/mt, but weakened near close to finish at $2,031.5/mt, up $19.5/mt or 0.97%.

• SHFE (2508): Opened at ¥17,170/mt, reached a high of ¥17,240/mt, briefly dipped below ¥17,200/mt, and closed at ¥17,210/mt, up ¥105/mt or 0.61%.

🔸 *Zinc*

• LME: Opened at $2,687.5/mt, dipped to $2,685.5/mt, surged to $2,722/mt, and closed at $2,710/mt, up $29.5/mt or 1.10%.

➤ Volume: 11,290 lots | Open Interest: 212,000 lots (-623 lots)

• SHFE (2508): Opened at ¥22,090/mt, low of ¥22,030/mt, high of ¥22,100/mt, and closed at ¥22,095/mt, up ¥50/mt or 0.23%.

➤ Volume: 47,542 lots | Open Interest: 130,000 lots (+98 lots)

🔸 *Nickel*

• LME: Closed at $14,905/mt, up 0.44%.

• SHFE (2507): Opened higher and moved upward, closed the night session at ¥117,690/mt, down 0.39%. During the daytime session, surged to ¥117,930/mt, and as of midday, stood at ¥117,990/mt, up ¥760/mt or 0.65%.

🔸 *Tin*

• SHFE (2507): Rose slightly in the night session, maintained a high sideways trend, and closed near ¥266,800/mt, up 1.8% from the previous day.