*Base Metal Update –*

*Advisory Bazaar Info Services*

• Copper: LME closed at $10,189/mt (+1.09%); SHFE 2510 closed at 81,380 yuan/mt (+0.68%).

• Aluminum: LME closed at $2,704.5/mt; SHFE 2510 closed at 21,060 yuan/mt (+0.19%).

• Lead: LME closed at $2,001.5/mt (-0.87%); SHFE 2510 closed at 17,105 yuan/mt (-0.09%).

• Zinc: LME closed at $2,982/mt (+0.88%); SHFE 2510 closed at 22,335 yuan/mt (+0.11%).

• Tin: SHFE SN2510 closed at 272,900 yuan/mt (-0.33%).

*Macro front:*

• US Sept NY Fed manufacturing index plunged to -8.7 (vs exp. 5.0).

• US to cut tariffs on Japanese cars to 15% effective Sept 16.

• China–US reached framework consensus in trade talks.