NewsFlash / Copper / LME cash-3M backwardation in metal open interest on July 22
LME cash-3M backwardation in metal open interest on July 22
iconJul 23, 2025 09:01
Source:SMM
On July 22, [LME0-3 copper] backwardation was $68.24/mt, with open interest decreasing by 8 lots to 266,147 lots.
On July 22, [LME0-3 aluminum] contango was $1.88/mt, with open interest increasing by 11,487 lots to 678,773 lots.
On July 22, [LME0-3 lead] backwardation was $25.4/mt, with open interest increasing by 595 lots to 136,798 lots.
On July 22, [LME0-3 zinc] backwardation was $4.23/mt, with open interest increasing by 837 lots to 184,683 lots.
On July 22, [LME0-3 tin] contango was $85/mt, with open interest increasing by 209 lots to 19,282 lots.
On July 22, [LME0-3 nickel] backwardation was $207.48/mt, with open interest decreasing by 63 lots to 234,801 lots.

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