The following is a day-to-day review of LME's base metals by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: Trading is light throughout the day, and it is expected to test support in the short term. Aluminium: It is expected that the short-term market transactions will remain in a downturn, and there is a greater possibility of testing support. Lead: The further expansion of premiums indicates that the market supply is still tight, and it is expected that the market will maintain its supply shortage pattern in the second quarter and maintain a wait-and-see attitude. Zinc: Short-term adjustment pressure. Tin: Market turnover was sluggish, with a heavier sell-off above $8,000. Nickel: Trading is light throughout the day, and the market is currently in the direction of selection. The 10 and 30-day MAs have direction and significance for the market outlook.
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