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Most metals on LME0-3 are trading at a discount, with long positions decreasing.
LME0-3 Copper contango $84.64/ton, open interest 294,424 lots decreased by 473 lots;
LME0-3 Aluminum backwardation $68.82/ton, open interest 674,790 lots decreased by 3,168 lots;
LME0-3 Lead contango $26.24/ton, open interest 179,513 lots decreased by 1,350 lots;
LME0-3 Zinc contango $13.03/ton, open interest 209,630 lots decreased by 1,382 lots;
LME0-3 Tin contango $137/ton, open interest 20,859 lots decreased by 623 lots;
LME0-3 Nickel contango $193.59/ton, open interest 260,854 lots decreased by 1,879 lots.