*Base Metal Overnight Update*

Advisory Bazaar Info Services

Copper: LME copper opened at $13,744/mt and closed at $13,796.5/mt, up 0.61%. SHFE copper 2607 closed at 105,210 yuan/mt, down 0.14%. LME saw short covering, while SHFE witnessed reduction in bullish positions.

Aluminum: SHFE aluminum 2607 closed at 23,795 yuan/mt, down 1.55%, breaking key support levels and trading below all major moving averages. Open interest increased, indicating fresh bearish positions. LME aluminum closed at $3,383/mt, down sharply by 4.52%, reflecting strong selling pressure and weakening technical indicators.

Lead: LME lead closed at $1,968.5/mt, up 0.08%. SHFE lead 2607 settled at 16,265 yuan/mt, up 0.15%.

Zinc: LME zinc closed at $3,584.5/mt, marginally up 0.04%. SHFE zinc 2608 ended at 24,820 yuan/mt, down 0.22%.

Tin: SHFE tin remained firm and consolidated at higher levels, closing at 424,120 yuan/mt, up 1.52%.

Market View: Copper and tin showed relative strength, while aluminum remained under heavy bearish pressure with weak technical signals. Lead and zinc traded in a narrow range with limited directional movement.