The following is a daily review of base metals published on August 31 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: The market is calm. Aftermarket rallies sold. Aluminum: The movements were good for most of the period and the market quickly fell. Lead: The market is calm and lead prices fluctuate within narrow limits. After the market buys on the bargain. Zinc: The same day, once again higher, but in the first line of 1380 US dollars encountered strong resistance and then began to fall back. Zinc prices are still expected to follow the trend of copper, the market outlook is bullish and will be a new high. Nickel: In the morning, it fell to 14650 USD and was covered by short covering to recover lost ground, recovered to 14950 USD and closed at 148 50 USD. After the market will fall, the basis difference may narrow. Tin: The market conditions were calm, and the shift of some fund accounts narrowed the basis difference and ended lower due to long positions.
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