📊 *Base Metals – Overnight Update*

Advisory Bazaar Info Services

🔶 Copper

• LME Copper: Opened at $13,945/mt, high $14,527.5, low $13,400, closed at $13,705/mt 🔼 +4.46%

• Volume: 75,200 lots | OI: 331,000 lots (+1,322)

• Bullish tone with fresh long additions

• SHFE Copper 2603: Open ¥110,310, high ¥114,160, low ¥104,550, close ¥106,900 🔼 +0.20%

• OI down by 8,326 lots → profit booking seen

🔶 Aluminium

• LME Aluminium: Closed at $3,233.5/mt 🔻 –0.92%

• Volume up, OI marginally higher

• SHFE Aluminium 2603: Open ¥25,710, high ¥26,185, low ¥24,555, close ¥24,935 🔻 –2.56%

• OI down by 24,530 lots

• Trend still technically bullish, but sharp correction

🔶 Lead

• LME Lead: Open $2,027, high $2,060, low $2,005.5, close $2,011/mt 🔻 –0.79%

• Near $2,000 support, two consecutive bearish candles

• SHFE Lead 2603: Closed at ¥16,975/mt 🔻 –1.22%

• Weak fundamentals dragging prices

🔶 Zinc

• LME Zinc: High $3,575.5, closed at $3,453/mt 🔼 +2.30%

• OI up by 913 lots

• SHFE Zinc 2603: Closed at ¥25,995/mt 🔼 +1.27%

• OI down slightly → profit booking after rally

🔶 Tin

• SHFE Tin 2603: High ¥469,950, closed at ¥436,720/mt 🔻 –2.04%

• Sharp intraday reversal