The following is a daily review of metals trading published on December 30 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: Copper prices further consolidated. Expected market outlook to maintain fluctuations. Aluminium: boosted by a new round of CTA buying, but aluminum prices may rise hard. Zinc: Not available. Tin: More commercial buying and short-covering funds have emerged. Technically speaking, tin prices will fluctuate, but European buyers will boost the tin market at the New Year. Nickel: Nickel prices were traded in the area, but trading volume was scarce, closing at 15230 USD. It is expected that the inter-city oscillations will occur. Lead: boosted by CTA buying, lead prices rose sharply in the afternoon, rising above the 1,000-dollar mark, but trading was light.
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