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AMT evaluation (1-26)
The following is a commentary by the Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME), on the 26th day of the LME's base metals. Copper: It is expected to oscillate in the short-term range of 3020-3100 USD. Aluminum: The short-term market is expected to oscillate. Lead: The rise in copper prices led the market to close higher, and the further expansion of discounted water indicates that the market supply is still tight. Zinc: Support of $1260 is strong and is expected to continue rising. Tin: The low-level traders took a strong step. Nickel: 13900 US dollars strong support.