NewsFlash / Copper / LME cash-3M backwardation of metals on June 27
LME cash-3M backwardation of metals on June 27
iconJun 30, 2025 09:11
Source:SMM
On June 27, [LME cash-3M copper] backwardation was $240.67/mt, with open interest increasing by 4,590 lots to 292,214 lots. On June 27, [LME cash-3M aluminum] backwardation was $0.22/mt, with open interest increasing by 7,558 lots to 696,711 lots. On June 27, [LME cash-3M lead] contango was $22.14/mt, with open interest decreasing by 738 lots to 151,106 lots. On June 27, [LME cash-3M zinc] contango was $0.24/mt, with open interest decreasing by 962 lots to 209,978 lots. On June 27, [LME cash-3M tin] backwardation was $120.01/mt, with open interest decreasing by 91 lots to 21,045 lots. On June 27, [LME cash-3M nickel] contango was $185.29/mt, with open interest increasing by 5,205 lots to 238,754 lots.

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