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LME Cash-3M Backwardation/Contango and Open Interest Changes
Jun 24, 2025 09:16
Jun 24, 2025 09:16On June 23, [LME cash-3M copper] backwardation was $279.97/mt, with open interest decreasing by 2,054 lots to 286,663 lots.
On June 23, [LME cash-3M aluminum] backwardation was $11.37/mt, with open interest decreasing by 2,517 lots to 691,037 lots.
On June 23, [LME cash-3M lead] contango was $24.26/mt, with open interest increasing by 2 lots to 154,031 lots.
On June 23, [LME cash-3M zinc] contango was $22.25/mt, with open interest increasing by 1,944 lots to 209,914 lots.
On June 23, [LME cash-3M tin] backwardation was $43/mt, with open interest increasing by 83 lots to 20,910 lots.
On June 23, [LME cash-3M nickel] contango was $199.05/mt, with open interest decreasing by 1,120 lots to 226,295 lots.
On June 23, [LME cash-3M aluminum] backwardation was $11.37/mt, with open interest decreasing by 2,517 lots to 691,037 lots.
On June 23, [LME cash-3M lead] contango was $24.26/mt, with open interest increasing by 2 lots to 154,031 lots.
On June 23, [LME cash-3M zinc] contango was $22.25/mt, with open interest increasing by 1,944 lots to 209,914 lots.
On June 23, [LME cash-3M tin] backwardation was $43/mt, with open interest increasing by 83 lots to 20,910 lots.
On June 23, [LME cash-3M nickel] contango was $199.05/mt, with open interest decreasing by 1,120 lots to 226,295 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.
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