NewsFlash / Copper / LME Cash-3M Backwardation/Contango and Open Interest Changes
LME Cash-3M Backwardation/Contango and Open Interest Changes
iconJun 25, 2025 09:17
On June 24, [LME cash-3M copper] backwardation was $150.85/mt, with open interest decreasing by 2,407 lots to 284,256 lots.
On June 24, [LME cash-3M aluminum] contango was $0.93/mt, with open interest decreasing by 2,902 lots to 688,135 lots.
On June 24, [LME cash-3M lead] contango was $24.13/mt, with open interest decreasing by 1,007 lots to 153,024 lots.
On June 24, [LME cash-3M zinc] contango was $20.17/mt, with open interest increasing by 2,923 lots to 212,837 lots.
On June 24, [LME cash-3M tin] backwardation was $3/mt, with open interest increasing by 38 lots to 20,948 lots.
On June 24, [LME cash-3M nickel] contango was $198.39/mt, with open interest decreasing by 86 lots to 226,209 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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