🔶 *Base Metal Update*

📅 *Date: 27 June 2025*

🟠 *Copper*

• LME Copper:

Opened at $9,871.5/mt, dipped to a low of $9,833.5/mt, then rose to a high of $9,913.5/mt, closing at $9,896/mt, up 1.74%.

• 📊 Volume: 31,408 lots

• 📈 Open Interest: 287,624 lots

• SHFE Copper (2508):

Opened at 79,360 yuan/mt, ranged between 79,320–79,900 yuan/mt, and closed at 79,790 yuan/mt, up 1.33%.

• 📊 Volume: 62,102 lots

• 📈 Open Interest: 204,914 lots

➡️ Trend: Fluctuated upward with positive momentum.

⚪ *Aluminum*

• SHFE Cast Aluminum Alloy (AD2511):

Opened at the session low of 19,705 yuan/mt, rose to a high of 19,885 yuan/mt, and closed at 19,850 yuan/mt, up 0.68% (+135 yuan).

• 📊 Volume: 2,943 lots

• 📈 Open Interest: 8,263 lots

➡️ Trend: Gradual rise led by long positions.

🔵 *Lead*

• LME Lead:

Opened at $2,032/mt, peaked at $2,049.5/mt, and closed at $2,038.5/mt, up 0.34% (+$7).

• SHFE Lead (2508):

Opened at 17,225 yuan/mt, reached a high of 17,270 yuan/mt, and settled at 17,250 yuan/mt, up 0.26% (+45 yuan).

➡️ Trend: Mild upward momentum with resistance near highs.

🟣 *Zinc*

• LME Zinc:

Opened at $2,710/mt, dipped to $2,708.5/mt, surged to $2,775/mt, and closed at $2,770/mt, up 2.21% (+$60).

• 📊 Volume: 15,465 lots

• 📉 Open Interest: Decreased by 1,261 lots to 211,000

• SHFE Zinc (2508):

Opened at 22,345 yuan/mt, dipped to 22,270 yuan/mt, rose to 22,475 yuan/mt, and closed at 22,450 yuan/mt, up 0.94% (+210 yuan).

• 📊 Volume: 96,319 lots

• 📈 Open Interest: Increased by 3,796 lots to 139,000

➡️ Trend: Strong rebound with bullish buildup.

🔘 *Tin*

• SHFE Tin (SN2507):

Maintained high-level consolidation after a slight rise, finally closing near 270,700 yuan/mt, up 1.55% from the previous day.

➡️ Trend: Stable at higher levels.

Prepared by: Advisory Bazaar Info Services