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Aluminium

Observations

Aluminium trading range for the day is 195-202.2

Aluminium dropped weighed down by a lack of meaningful economic stimulus

China's aluminium imports in May climbed 1.8% from a year earlier

China's primary aluminium output in May rose only slightly from a year earlier, data showed.

Copper

Observations

Copper trading range for the day is 708.6-736.2

Copper fell amid concerns over global economic growth after interest rate hikes

Chinese data showed refined production rose 15% and apparent demand in China grew by 7% in the first four months of 2023

Available LME copper stocks fall to the lowest since 2021

Zinc

Observations

Zinc trading range for the day is 211-218

Zinc dropped amid an increase in smelter supply.

Global zinc market surplus fell to 12,500 metric tons in April

Zinc inventories in London Metal Exchange-registered warehouses have nearly doubled from the prior week to a one-year peak

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