June 6 AMT Review of LME Base Metals

The following is a daily review of the base metals trade published on June 6 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Bronze: Today's copper price hit a high of $3,320, and profit-taking helped pressure copper prices to close at $3,270. Fresh technical buying supports the copper market, but it is expected that the market will test support. Aluminum: Not provided. Zinc: The zinc price was under pressure for most of the day after hitting a high of $1,343 in early trading. Under the pressure of profit-taking, zinc prices closed at $1,308. Tin: Today's tin market is flat with a narrow trading range of 7725-7775 U.S. dollars. It is expected that the market outlook will test even lower levels. Lead: Not provided. Nickel: Nickel prices closed at 16,550 US dollars after the short covering rebounded to 16900 USD. It is expected that the market outlook will test even lower levels.

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