[World Financial News] The following is a daily report of metal trading issued by Amalgamated Metal Trading Limited (AMT), a leading economic company of the London Metal Exchange (LME) on December 9. Copper: Copper prices once again held steady at 2850/60 US dollars, but investors will continue to sell in the short term. Aluminium: The aluminum market suffered further selling pressure. Strong support is at 1,800 U.S. dollars, but aluminum prices may retest 1780 U.S. dollars, keeping the range broadly volatile. Zinc: Zinc prices fell again, but buying gathered at 1130/35 US dollars, the market received strong support. It is expected that the market outlook will break through this level. Tin: The long knot and commercial buying are staggered, and the tin market may continue to be under pressure. Nickel: As a result of further fund selling pressure, the nickel price fell to a low of US$12,450 and closed at a low level, forming a double bottom. If the nickel price breaks this level, it will be expected to test $11,700. Lead: Lead prices fell again as a result of a bullish settlement. It is expected that there will be a new round of selling in the lead market.
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