June 14 AMT Review of LME Base Metals

The following is a daily review of the base metals transaction published on June 14 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: Copper prices tested again at $3,300, but failed to rise. It is expected that the market will continue to fluctuate in range. Aluminum: Not provided. Zinc: The price of zinc reappears tired, but the zinc market is slightly oversold. The zinc price is close to the strong support level of 1250 U.S. dollars. Tin: The price of tin today is not very volatile, with a trading range of 7500-7700 USD. Lead: CTA buying again prevented the price of lead from falling. The market is quiet. Nickel: Today's nickel prices fell, lower than the 10 and 30-day moving averages. It is expected that the market will test support at $15,750.

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