AMT evaluation (10-28)

Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME), issued a daily review of LME base metals on the 28th. Copper: The low buying activity is active, but the selling pressure is heavier at the top and is expected to maintain the oscillation trend in the short term. Aluminum: The decline was narrowed by short covering and it is expected that this trend will dominate in the short-term. Zinc: Stabilized several times at 1020 US dollars, indicating that the support of this point is very strong. Lead: It is expected that the oscillatory trend will continue in the short term. Tin: CTA buying is active, and there is a higher probability of short-term gains. Nickel: similar to the trend of copper futures, pay close attention to the trend of copper.

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