📊 *Base Metal Overnight Update*

Advisory Bazaar Info Services

🔹 Copper:

LME copper rose sharply by 3.06% to close at $12,705.5/mt, supported by short covering (bearish positions reduced). SHFE copper remained almost flat, closing at 98,330 yuan/mt (+0.11%).

🔹 Aluminum:

SHFE aluminum traded sideways and closed at 24,670 yuan/mt (-0.06%), holding above key medium-term averages. LME aluminum slipped 0.56% to $3,455.5/mt, indicating a mild correction within an overall uptrend.

🔹 Lead:

LME lead gained 0.44% to close at $1,947.5/mt after volatile trade. SHFE lead declined 0.21% to 16,765 yuan/mt, showing slight weakness.

🔹 Zinc:

LME zinc fell 0.58% to $3,285/mt due to continuous selling pressure. SHFE zinc also dropped 0.31% to 23,740 yuan/mt amid profit booking.

🔹 Tin:

SHFE tin remained largely stable, closing at 371,500 yuan/mt (-0.02%) after a slight pullback from recent highs.

👉 Overall Trend: Copper shows strong bullish momentum, aluminum remains range-bound, while zinc and lead show mild weakness. Tin is stable.