🔹 *Base Metal Update*

*Advisory Bazaar Info Services*

*Copper (Futures):*

• LME: Last Friday, copper opened at $9,739/mt, dipped to $9,708/mt, then climbed to a high of $9,813.5/mt before settling at $9,809/mt (+0.77%).

• Trading Volume: 17,000 lots

• Open Interest: 268,000 lots

• SHFE (2509): Opened at 78,710 yuan/mt, surged to 79,320 yuan/mt, and closed at 79,110 yuan/mt (+0.51%).

• Trading Volume: 21,000 lots

• Open Interest: 118,000 lots

*Aluminum (Futures):*

• SHFE (2510): Opened at 20,625 yuan/mt, traded between 20,620–20,800 yuan/mt, and closed at 20,755 yuan/mt (+0.41%).

• Trading Volume: 6.6k lots

• Open Interest: 244,000 lots

• LME: Opened at $2,593/mt, hit a low of $2,581/mt and a high of $2,626/mt, closing at $2,622/mt.

*Lead:*

• LME: Opened at $1,975/mt, fluctuated higher, and closed at $1,992/mt (+1.12%).

• SHFE: Opened at 16,790 yuan/mt, hit a high of 16,895 yuan/mt, and closed at 16,830 yuan/mt (+0.42%).

*Zinc:*

• LME: Opened at $2,774.5/mt, rose to $2,821.5/mt, and closed at $2,805.5/mt (+1.39%).

• Trading Volume: 62,909 lots (↓)

• Open Interest: 193,000 lots (↑ 1,465)

• SHFE (2510): Opened at 22,220 yuan/mt, touched a high of 22,465 yuan/mt, and closed at 22,400 yuan/mt (+0.56%).

• Trading Volume: 75,325 lots (↓)

• Open Interest: 105,000 lots (↓ 2,847)

*Tin (Futures):*

• SHFE (2509): Pulled back slightly after gains, closing at 268,400 yuan/mt (+0.79%).