June 15th AMT evaluation
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The following is a daily review of base metals transactions published on June 15 by Amalgamated Metal Trading Limited (AMT), a leading brokerage firm of the London Metal Exchange (LME). Copper: Copper prices tested resistance again today. It is expected that the market will continue to fluctuate in range. Aluminum: Not provided. Zinc: As we all know, the overnight zinc market is oversold. If zinc prices rise more than $1,295, they will try again for $1320. Tin: Tin City was calm today and it was in a narrow range. Now reported 7575/90 US dollars / metric ton. Lead: Not provided. Nickel: Today, the nickel market is calm, showing a range of shocks. Although the nickel price has held steady slightly, it is expected that the market will test low.