July 5 AMT Review of LME Base Metals

The following is a daily review of base metals transactions published on July 5 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: The trend is good throughout the day and it is expected to continue rising in the short term. Aluminum: The trend was flat throughout the day and the selling pressure was heavy on the upper hand. Zinc: The low support is obvious. Tin: Although there are traders buying at lower levels, the bulls are selling more heavily. Note: Lead and nickel commentary are not provided.

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