On May 19, [LME 0-3 copper] backwardation was $15.52/mt, with open interest at 293,619 lots, up by 84 lots.
On May 19, [LME 0-3 aluminum] backwardation was $1.42/mt, with open interest at 702,108 lots, down by 15,956 lots.
On May 19, [LME 0-3 lead] contango was $18.06/mt, with open interest at 147,075 lots, down by 2,842 lots.
On May 19, [LME 0-3 zinc] contango was $31.77/mt, with open interest at 223,679 lots, down by 4,336 lots.
On May 19, [LME 0-3 tin] contango was $56/mt, with open interest at 22,369 lots, down by 958 lots.
On May 19, [LME 0-3 nickel] contango was $201.97/mt, with open interest at 240,879 lots, down by 2,260 lots.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.