The following is a daily review of metals trading published on September 28 by Amalgamated Metal Trading Limited (AMT), a leading brokerage firm of the London Metal Exchange (LME).
Copper: Not available.
Aluminium: boosted by higher copper prices in early trading, aluminum prices hit an intraday high and the closing was generally flat.
Lead: Not provided.
Zinc: With a large number of funds taking profits, the zinc price has been underperforming today.
Tin: The sell-off pressure caused by the rise in inventories dropped the tin price to $6,400/metric ton today. However, commercial buying appears to be low and may support the price of tin.
Nickel: The nickel price today fell to 13250 USD/metric ton and then rebounded to 13450 USD/metric ton. It is expected that the market outlook will decline.
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