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NewsFlash / Copper / Open interest in LME cash-3M contango for metal futures decreases
Open interest in LME cash-3M contango for metal futures decreases
iconJul 17, 2025 09:07
Source:SMM
On July 16, [LME cash-3M copper] backwardation was $64.49/mt, with open interest decreasing by 11,019 lots to 267,706 lots.
On July 16, [LME cash-3M aluminum] backwardation was $2.2/mt, with open interest decreasing by 15,331 lots to 669,509 lots.
On July 16, [LME cash-3M lead] backwardation was $31.02/mt, with open interest decreasing by 7,430 lots to 134,717 lots.
On July 16, [LME cash-3M zinc] backwardation was $8.95/mt, with open interest decreasing by 7,174 lots to 187,176 lots.
On July 16, [LME cash-3M tin] backwardation was $108/mt, with open interest decreasing by 642 lots to 18,857 lots.
On July 16, [LME cash-3M nickel] backwardation was $207.51/mt, with open interest decreasing by 6,050 lots to 229,338 lots.

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