October 13 AMT Review of LME Base Metals
2018-04-22 01:00:22
The following is a daily review of metals trading published on October 13 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME).
Copper: Today's performance is poor, there is a long clearing technique. It is expected to test support.
Aluminum: Strong performance but close to close at the close.
Lead: Today continues to decline, and we expect to continue to test the support below.
Zinc: The closing performance was better, but the whole trading day was volatile; it was difficult to determine a clear trend.
Tin: It is expected that it will be further pressured tomorrow.
Nickel: Further technical clearances dragged down prices.