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ntories have fallen in China as supplies have been hit by stricter financing rules. Shanghai Aluminium on wa=rant stocks are down 3.71% to 48.6 kMT. LME Aluminium on warrant stocks ar= flat at 1852.2 kMT. Shanghai Copper on warrant stocks are flat at 30.8 kM=. WE Copper stocks are up 0.21% to 154.1 kMT. 'NE N
are up 0.6% =n the front 0.2% in the back, Ali Vols unch, Nickel Vols are up 0.87% in J=n, up 0.32% in Feb, Lead Vols are up 0.15% in the front and Zinc Vols up 0=12% =/P> Upcoming Data 7/1-EC CPI Estimate Y=Y- Sury -0.1%, Actual -0.2%, Prior 0.3% 7/1- US MBA Mortgage =pplications-Actual 11.1%, Prior 1
re cutting output by up to 30%, causing the global lead surplus to fall to 7451 kMT Shanghai Aluminium on warrant stocks are down 6.55%=0 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT.=Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT
E Nickel stocks are up 0.03% to 304.6 kMT. Copper Vols are up —0.84%, Ali Vols down - 0.19% in =he front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch Upcoming Data 22/12-US Existing Home Sales- Survey 5.2m, Prior 5.2=m 23/12-US Durable Goods Orders-Survey 2.9%, Prior 0.4=, Revised 0.3% 23/
prices followed the base complex, starting off higher before losing ground at 16:00. Shanghai Aluminium on warrant stocks are up 16.27% to 78.7 kMT. LME Aluminium on warrant stocks are flat at 2016kMT. Shanghai Copper on warrant stocks are up 18.57% to 18 kMT. LME Copper stocks are down 5% 144.2 kMT. LME Nick
are up 0.27% to 307.5 kMT. ATM Copper Vols are down —0.83% in JAN, up —0.34% in the back, Ali Vols down -0.3% , Nickel vols are down 0.2, Lead and Zinc Vols unch Upcoming Data 15/12- US Empire Manufacturing- Survey 12, Actual -3.58, Prior 10.16 15/12- US Industrial Production MoM- Survey 0.7%, Actual 1
Entities connected to both LME Aluminium and Zinc Vols

Daniel Sabba
PERSONAli Vols
PERSONCopper Vols
ORGANIZATION
Jeffrey Epstein
PERSONLME Copper
ORGANIZATIONLME Nickel
ORGANIZATIONNickel Vols
ORGANIZATIONShanghai Aluminium
ORGANIZATION
Shanghai Copper
ORGANIZATIONPrateek
PERSONPrateek Jain
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Zambia
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Chile
LOCATIONFirst Quantum
ORGANIZATIONCodelco
ORGANIZATIONLumwana
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Barack Obama
PERSONEscondida
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