📌 *Base Metal Overnight Update*

Advisory Bazaar Info Services

🔶 Copper

🔹 LME Copper: Opened at $13,299/mt. Prices dipped to $13,244/mt and later climbed to a high of $13,350/mt, closing at $13,349.5/mt, up 1.17%.

▪️ Volume: 19,000 lots (down 6,860 lots)

▪️ Open Interest: 321,000 lots (up 4,315 lots)

▪️ Overall trend supported by fresh long build-up.

🔹 SHFE Copper (2604): Opened at 102,880 yuan/mt. High of 103,250 yuan/mt, low of 102,520 yuan/mt, and closed at 103,040 yuan/mt, up 0.58%.

▪️ Volume: 45,000 lots (down 65,000 lots)

▪️ Open Interest: 177,000 lots (up 3,546 lots)

▪️ Long positions increased.

🔶 Aluminum

🔹 SHFE Aluminum (2604): Opened at 23,845 yuan/mt. High of 24,000 yuan/mt, low of 23,785 yuan/mt, closed at 23,980 yuan/mt, up 145 yuan/mt (+0.61%).

▪️ Open Interest: 257,000 lots (up 8,746 lots

🔹 LME Aluminum: Opened at $3,106/mt. High of $3,175/mt, low of $3,102/mt, closed at $3,174.5/mt, up 2.06%.

▪️ Volume: 20,907 lots (up 2,949 lots)

▪️ Open Interest: 676,000 lots (up 875 lots)

🔶 Lead

🔹 LME Lead: Opened at $1,957/mt and rallied to $1,996/mt. Closed at $1,995.5/mt, up 1.84%.

🔹 SHFE Lead: Opened at 16,715 yuan/mt. High of 16,800 yuan/mt, low of 16,700 yuan/mt, closed at 16,790 yuan/mt, up 0.27%.

🔶 Zinc

🔹 LME Zinc: Opened at $3,387.5/mt. High of $3,416.5/mt, low of $3,362.5/mt, closed at $3,387/mt, down 0.01%.

▪️ Volume: 9,705 lots

▪️ Open Interest: 229,000 lots (down 782 lots)

🔹 SHFE Zinc (2604): Opened at 24,590 yuan/mt. High of 24,715 yuan/mt, low of 24,550 yuan/mt, closed at 24,675 yuan/mt, down 0.14%.

▪️ Volume: 39,861 lots

▪️ Open Interest: 91,117 lots (up 1,633 lots)

🔶 Tin

🔹 SHFE Tin: Hovered at higher levels during the night session and closed at 423,990 yuan/mt, up 5.77%.