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NewsFlash / Copper / LME Cash-3M Metal Prices and Open Interest Movements on May 16
LME Cash-3M Metal Prices and Open Interest Movements on May 16
iconMay 19, 2025 09:09
Source:SMM
On May 16, [LME cash-3M copper] backwardation was $31.45/mt, with open interest at 293,535 lots, down by 171 lots. On May 16, [LME cash-3M aluminum] backwardation was $5.79/mt, with open interest at 718,064 lots, up by 4,126 lots. On May 16, [LME cash-3M lead] contango was $4.45/mt, with open interest at 149,917 lots, up by 3,779 lots. On May 16, [LME cash-3M zinc] contango was $20.95/mt, with open interest at 228,015 lots, up by 3,392 lots. On May 16, [LME cash-3M tin] contango was $82/mt, with open interest at 23,327 lots, up by 176 lots. On May 16, [LME cash-3M nickel] contango was $193.6/mt, with open interest at 243,139 lots, down by 1,807 lots.

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