LME stocks — copper 212,125 t, down 2,425 t; aluminium 251,700 t, down 1,700 t; zinc 95,350 t, down 1,725 t; nickel 264,744 t, unchanged; lead 417,075 t, down 3,225 t; tin 5,590 t, down 50 t.

Zelenskiy said Ukraine struck Russia's Novorossiysk naval base overnight using drones, missiles and unmanned boats.

SMM said a Chinese polysilicon producer, citing market and cost factors, has raised its offer from 37-38 yuan/kg to 40 yuan/kg; acceptance by other producers and downstream buyers is unclear. Reports that polysilicon firms will hold a collective meeting tomorrow remain unverified—several upstream staff told SMM they had not heard of such a meeting and said management was still at their offices.