LME Market: The London Metal Exchange (LME) base metal week was lower during an open outcry trade as traders considered whether the newer round of decline would turn into another crazy sell-off. With long positions, the price of the metal has fallen within a narrow range within two days after the metal price fell by more than 10%. Even if the dollar fell near the end of the year, it did not stimulate the rise in metal prices because speculators turned their attention to innovation. Recorded oil prices and its potential damaging effects on the world economy. Briggs, an analyst at SG Corporate and Investment Banking, said in the report: “In our opinion, industrial metals have been considered to have strengthened as oil prices have risen, and therefore metals have been bought. Market participants suddenly discovered that this logic was "economically uncertain." He expects price movements to become more turbulent in the coming months. Copper fell by 1.8% on that day, softening to the bottom of the recent $2,850-2,745 range, October 14 Date Copper fell to a low of US$2,660 due to a sell-off. **Aluminum is risky ** "We believe that the aluminum risk is high and its open interest is still higher compared to other metals. But the fund holds The copper bulls have been significantly reduced in terms of copper. The risk for the copper downshift was lower. "Most of the other metals were lower. The three-month nickel fell from 13,300 dollars last Friday to 13,050. The three-month lead fell by 8 dollars per ton. For US$852, three-month zinc fell by US$17 to US$1,021 per ton. The three-month tin price was higher against the market, rising by US$25 to 8,875 per tonne. LME copper: three-month copper closed at US$2,750 per tonne. Friday night market composite trading closing price fell 54 US dollars. An analyst said, "period copper in the Powei down, in fact, this is related to the dollar fell." British businessman Barclays Capital International in a weekly report, said market participants do not It is too possible to open a large position unless the current trading range is breached. LME Aluminium: Three-month aluminum closed down $11 to 1,740, also in the lower range of the recent range. But Barclays Capital International said that if the base metal falls again, it will be consumption. There is a good opportunity for users to buy and investors to go long again. Contrary to Ahmed, it is not so sure. "If you are currently long, you must be very anxious. Think about it: Consumer buyers will buy into the market, or you should Lock in profit before panic arrives?" COMEX Copper: Copper futures on the New York Mercantile Exchange (COMEX) closed lower on Monday, although rebounded from the day's low, but in the case of fund selling and oil prices soaring, the futures price of copper still closed below the plate. A metal analyst said, "Copper is looking for oil prices. The trend, “he said that the threat of rising oil prices to economic growth†is still a heart disease in the market.†The benchmark December copper fell 2.90 cents to $1.2765 per pound with an intraday trading range of 1.2565-1.3160. Spot October copper fell by 2.95 cents to US$1.2800 per pound. The estimated volume was 12,000. After the drop in oil price from a high, the price of copper rose slightly but remained below the flat plate. Date: 2004-10-26
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