Overnight, LME zinc opened at $2,703/mt. At the beginning of the session, LME zinc briefly dipped to $2,696/mt.

On June 26, the SMM LME Asia Week- Global Metals and New Energy Market Outlook and Supply Trends wrapped up in the Hong Kong Special Administrative Region of China!

Overnight, LME copper opened at $9,817/mt, with the initial session low at $9,729.5/mt. It then climbed steadily, reaching a session high of $9,912.5/mt by the end of the trading session, before slightly fluctuating and finally closing at $9,852/mt, with a gain of 1.98%. Trading volume reached 24,000 lots, and open interest reached 326,000 lots.

Overnight, LME lead opened at $2,201/mt.

At the beginning of last week, new policies were introduced in China’s real estate sector, and favorable policies for the housing market pushed up SHFE base metals prices, with the most-traded SHFE copper contract touching a high of 85,880 yuan/mt. On Thursday, SHFE base metals prices declined.

On Monday May 27, the LME closed for the Spring Bank Holiday. Key macroeconomic data include the revised US Q1 real GDP annualised rate, the annualised US April core PCE price index, the eurozone April unemployment rate, and China's May official manufacturing PMI.