NewsFlash / Copper / LME cash-3M backwardation/contango and open interest changes
LME cash-3M backwardation/contango and open interest changes
iconJul 4, 2025 09:19
Source:SMM
On July 3, [LME cash-3M copper] backwardation was $87.61/mt, with open interest decreasing by 2,946 lots to 282,135 lots. On July 3, [LME cash-3M aluminum] contango was $5.75/mt, with open interest increasing by 834 lots to 683,806 lots. On July 3, [LME cash-3M lead] contango was $26.47/mt, with open interest decreasing by 279 lots to 149,300 lots. On July 3, [LME cash-3M zinc] contango was $21.99/mt, with open interest decreasing by 2,486 lots to 206,732 lots. On July 3, [LME cash-3M tin] contango was $42/mt, with open interest decreasing by 274 lots to 20,295 lots. On July 3, [LME cash-3M nickel] contango was $187.48/mt, with open interest decreasing by 1,075 lots to 238,821 lots.

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