July 12 AMT comment on LME base metals

The following is the day-to-day trading of base metals published on July 12 by Amalgamated Metal Trading Limited (AMT), a leading brokerage of the London Metal Exchange (LME). Copper: The heavy sell-off in the 3375-3380 range is expected to maintain a narrow range of volatility in the short-term. Zinc: It is expected to maintain its volatility in the short term. Nickel: After breaking above 15,000 U.S. dollars, it rose to an all-time high of 15050 U.S. dollars. Note: Comments on aluminum, lead and tin are not provided.

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