*Base Metal Update*

*Advisory Bazaar Info Services*

*Copper – Futures:*

• LME: Opened at $9,788/mt, touched a high of $9,789/mt, fell to a low of $9,730.5/mt, then rebounded in a “V-shape” and closed at $9,773.5/mt, down 0.74%. Trading volume: 16,000 lots; Open interest: 266,000 lots.

• SHFE (2510): Opened at 78,820 yuan/mt, hit a low of 78,660 yuan/mt, rebounded to 78,880 yuan/mt, and closed at 78,850 yuan/mt, down 0.63%. Trading volume: 37,000 lots; Open interest: 169,000 lots.

*Aluminum – Futures:*

• SHFE (2510): Opened at 20,735 yuan/mt, high 20,745 yuan/mt, low 20,660 yuan/mt, and closed at 20,680 yuan/mt. Trading volume: 7,500 lots; Open interest: 252,000 lots.

• LME: Opened at $2,603/mt, high $2,604.5/mt, low $2,599.5/mt, and closed at $2,603.5/mt.

*Lead – Futures:*

• LME: Opened at $1,988/mt, high $1,995.5/mt, low $1,982.5/mt, and closed at $1,985.5/mt, down 0.08%.

• SHFE (2510): Opened at 169,885 yuan/mt, dipped to 168,650 yuan/mt, rebounded to 169,100 yuan/mt, and closed at 168,750 yuan/mt, down 0.24%.

*Zinc – Futures:*

• LME: Opened at $2,811/mt, high $2,818.5/mt, low $2,753/mt, and closed at $2,764/mt, down 1.53%. Trading volume: 84,153 lots; Open interest: 192,000 lots (+964).

• SHFE (2510): Opened at 22,210 yuan/mt, high 22,220 yuan/mt, low 22,085 yuan/mt, and closed at 22,120 yuan/mt, down 0.85%. Trading volume: 77,880 lots; Open interest: 115,000 lots (+7,537).

*Tin – Futures:*

• SHFE (2510): Maintained a sideways trend and closed at 272,500 yuan/mt, up 0.37%.