NewsFlash / Copper / LME cash-3M backwardation and open interest for metals on July 18
LME cash-3M backwardation and open interest for metals on July 18
iconJul 21, 2025 09:04
Source:SMM
On July 18, [LME cash-3M copper] backwardation was $53.76/mt, with open interest decreasing by 1,603 lots to 266,511 lots.
On July 18, [LME cash-3M aluminum] backwardation was $0.78/mt, with open interest decreasing by 2,445 lots to 664,953 lots.
On July 18, [LME cash-3M lead] backwardation was $24.2/mt, with open interest decreasing by 457 lots to 136,098 lots.
On July 18, [LME cash-3M zinc] contango was $4.75/mt, with open interest decreasing by 507 lots to 186,772 lots.
On July 18, [LME cash-3M tin] contango was $44/mt, with open interest increasing by 225 lots to 19,082 lots.
On July 18, [LME cash-3M nickel] backwardation was $194.43/mt, with open interest increasing by 488 lots to 234,600 lots.

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