*Base Metal Update*

*Advisory Bazaar Info Services*

*Copper –*

• LME: Opened at $9,768.5/mt, dipped to $9,747.5/mt, then rose to an intraday high of $9,865/mt before closing at $9,840/mt, up 1.17%. Volume: 18,000 lots; OI: 266,000 lots.

• SHFE 2509: Opened at 79,220 yuan/mt, touched a low of 79,220 yuan/mt, then climbed to a high of 79,510 yuan/mt before closing at 79,410 yuan/mt, up 0.6%. Volume: 23,000 lots; OI: 158,000 lots.

*Aluminum –*

• SHFE 2509: Opened at 20,770 yuan/mt, ranged between 20,755–20,820 yuan/mt, and closed at 20,800 yuan/mt. Volume: 32,700 lots; OI: 216,000 lots.

• LME: Opened at $2,582/mt, ranged between $2,582–$2,631/mt, and closed at $2,622.5/mt.

*Lead –*

• LME: Opened at $2,000.5/mt, traded sideways for most of the session, then rose to close at $2,016/mt, up $18.5/mt or 0.93%.

• SHFE: Opened at 16,940 yuan/mt, dipped to 16,935 yuan/mt, rose to 16,975 yuan/mt, then settled at 16,960 yuan/mt, up 40 yuan/mt or 0.24%.

*Zinc –*

• LME: Opened at $2,809.5/mt, dipped slightly, then climbed to $2,854.5/mt before closing at $2,848/mt, up $40/mt or 1.42%. Volume: 8,564 lots; OI: 193,000 lots (−39).

• SHFE 2509: Opened at 22,720 yuan/mt, hit a high of 22,775 yuan/mt, dipped to 22,630 yuan/mt, and closed at 22,685 yuan/mt, up 55 yuan/mt or 0.24%. Volume: 42,749 lots; OI: 85,879 lots (−1,609).

*Tin –*

• SHFE SN2509: Traded rangebound, closing at 270,600 yuan/mt, up 0.1%.