📌 BASE METALS Update

Advisory Bazaar Info Services

🔹 Copper

• LME: Copper opened at $9,791.5/mt, touched a low of $9,781/mt early in the session, then rose to a high of $9,838.5/mt and finally closed at $9,839.5/mt, up 0.68%. Trading volume stood at 14,000 lots with open interest at 268,000 lots.

• SHFE (2510): Contract opened at 78,920 yuan/mt, hit a low of 78,830 yuan/mt, moved up to a high of 79,060 yuan/mt, and closed at 78,990 yuan/mt, up 0.22%. Trading volume was 17,000 lots and open interest 168,000 lots.

🔹 Aluminum

• SHFE (2510): Opened at 20,760 yuan/mt, moved between 20,695–20,780 yuan/mt, and settled at 20,705 yuan/mt. Trading volume was 4,800 lots, with open interest at 241,000 lots.

• LME: Opened at $2,607.5/mt, fluctuated between $2,607.5–2,611/mt, and closed at $2,609/mt.

🔹 Lead

• LME: Opened at $1,985.5/mt, touched a high of $1,998/mt in the European session, then fell to $1,965/mt before closing at $1,992/mt, up 0.56%.

• SHFE (2511): Opened at 16,790 yuan/mt, peaked at 16,970 yuan/mt, then dipped to 16,775 yuan/mt and closed at 16,840 yuan/mt, up 0.43%.

🔹 Zinc

• LME: Opened at $2,764/mt, fluctuated around the daily average, surged to $2,787/mt and closed higher by 0.83%. Trading volume rose to 93,320 lots, while open interest slipped by 372 lots to 192,000 lots.

• SHFE: Opened at 22,145 yuan/mt, hit a high of 22,155 yuan/mt, dropped to 22,030 yuan/mt, and finally closed at 22,100 yuan/mt, down 0.32%. Trading volume rose to 63,098 lots, with open interest up by 2,485 lots to 117,000 lots.

🔹 Tin

• SHFE (2510): Opened higher, pared some gains, and closed at 273,300 yuan/mt, up 0.37% from the previous session.