📊 *Base Metal Overnight Update*

Advisory Bazaar Info Services

🔶 Copper: LME Copper settled at $13,575/mt, up 0.94%. SHFE Copper closed at 103,540 yuan/mt, up 0.13%. Bear position trimming supported prices, while market sentiment remained cautious amid macro uncertainties.

🔶 Aluminum: SHFE Aluminum closed at 24,155 yuan/mt, up 0.62%. LME Aluminum settled at $3,539/mt, up 0.41%. Although prices recovered, the bearish moving-average structure remains intact, with downside momentum showing signs of easing.

🔶 Lead: LME Lead settled at $1,957.5/mt, down 0.25%. SHFE Lead closed at 16,040 yuan/mt, down 1.11%. Increased selling pressure weighed on prices despite a late-session recovery.

🔶 Zinc: LME Zinc surged to $3,525.5/mt, up 1.64%, while SHFE Zinc settled at 24,265 yuan/mt, up 0.41%. Strong buying interest and short-covering supported the upside move.

🔶 Tin: SHFE Tin continued its rally, closing at 406,500 yuan/mt, up 1.91%. Prices remained firmly above the 400,000 yuan/mt mark amid sustained bullish momentum.

Overall sentiment in base metals remained mixed, with strength in Copper, Zinc and Tin, while Lead continued to face pressure.