September 9 AMT Review
The following is a daily review of base metals published on September 9 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME).
Copper: Not available.
Aluminium: Aluminum futures held steady at above 1820 U.S. dollars per ton for two consecutive trading days, indicating that this spot has formed strong support.
Lead: Not provided.
Zinc: The performance was relatively strong, once again held steady at more than 1,360 US dollars / ton, the late attack was 1,385 US dollars / ton.
Tin: Replay CAT closing activity on the floor. It is expected that the market price will fall and it is recommended to short.
Nickel: Trading was quiet and traders continued to wait and see Canada's Inco Nickel company statement.
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