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AMT Review (1-28)
The following is the day-to-day review of LME's base metal by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: Pay close attention to inventory changes. Aluminium: Today's close will help the market continue its upside. Lead: Trading is light throughout the day, and it is expected that the premium will be further expanded. Zinc: At 1295 U.S. dollars, the pressure was significantly reduced. Tin: It continues to be pushed higher by short covering, but the $8,100 may be the short-term top of the market. Nickel: The market is in the direction of choice. Date: 2005-1-31