September 12 AMT Review

[World Financial News] The following is a metal trading daily review issued on September 12 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME).

Copper: Not available.

Aluminum: boosted by buying funds, aluminum prices rose higher.

Lead: Lead-market trading was quiet, while the close was mixed, indicating that the market outlook will rise.

Zinc: Zinc prices have gaps at the level of 1400-1420 USD. In view of the strong rebound in zinc prices, investors bought back forward contracts.

Tin: The tin market was flat, with buying and selling intertwining and the closings were weaker.

Nickel: boosted by local short covering, nickel prices rebounded and trading was light.