LME composite trading closing support resistance 14th RSI 10th MA 30th MA three-month copper 3322.00 * 3300 * 3350 * 67 * 3164 * 2560 three-month aluminum 1737.00 * 1700 * 1750 * 53 * 1724 * 1742 London 7 July 7 news: Traders said that the London Metal Exchange (LME) copper is expected to close at 3,340/350 US dollars per tonne on Thursday, affected by supply concerns last day, up nearly 2%. On Wednesday, the US copper producer Asarco said After 1,500 trade union workers have all gone on strike, the market is even more worried. Global copper stocks are currently at a low point of about 31 years, and the strike of Placer Dome's Zaldivar mine in Chile has added to supply worries. Trader Cheng, Asian Market Thursday The performance was relatively muted and the trading volume was well below Wednesday's level. At 0655 GMT, the three-month copper was at $3,335/340, which was a $13 increase from late-night composite trading. The three-month aluminum futures followed copper futures. 1,750 fearful cash settlement is profitable, limiting the period of aluminum gains. Three-month aluminum reported 1,740/743, up 3 dollars from Wednesday.
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