AMT evaluation (11-25)

The first-tier brokerage firm of the London Metal Exchange (LME), Amalgamated Metal Trading Limited (AMT), issued a daily review of base metals on November 25. Copper: The price of copper rose to a high of US$3,145/ton under technical buying, and it is recommended that the market should be involved in dips. Aluminium: The aluminum price on the day tried to test the resistance at 1480/50 USD/ton, and the transaction volume has been enlarged. It is expected that the market outlook may continue to rise. Zinc: On the day of the zinc price oscillation trading, it is expected that the price of 1160 USD/ton will become the resistance level, and the support level of 1145 USD/ton will continue to be tested. Lead: The price of lead on that day was light and the performance was poor. It is expected that the market outlook will continue to fall. Tin: Tin prices traded lightly on that day, and if the bulls continue to close their positions, there is a greater likelihood of a downtrend. Nickel: The nickel price maintained the range of 14350-14500 USD/ton on that day.

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