NewsFlash / Copper / The LME copper near-month BACK widened to 105.96
The LME copper near-month BACK widened to 105.96
iconJun 19, 2025 09:57
Source:SMM
SMM News on June 19: The LME copper backwardation structure for nearby months has continued to widen recently. As of June 19, the backwardation for the LME_CA_Cash contract against the LME_CA_3M contract widened to $105.96/mt. The warrant position report of major traders showed that there were 2 enterprises with open interest in the CASH contract ranging from 90% to 100%, indicating a high concentration of open interest in nearby months.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news