Prospects for LME copper and aluminum futures: copper futures traded weakly in early trading

LME composite trading closing support resistance at 14th RSI 10th MA 30th MA three-month copper 3688.00 * 3600 * 3725 * 65 * 3627 * 3575 three-month aluminum 1880.00 * 1850 * 1900 * 47 * 1886 * 1883 London 9 On the 5th of the month, the London Metal Exchange (LME) base metal price weakened in the European market on Monday morning, and is expected to continue this trend today as the US market is closed on public holidays. The three-month copper report at 0730 GMT. At 3,678/683 US dollars per tonne, down 10 US dollars, the spot premium fell from 240 US dollars to 225 US dollars. Last Friday copper hit a record high of 2,725 US dollars, boosted by tight supply. "There may be some fund buying , trying to test the recent highs, but if today's close below the closing level of last Friday, we expect that if the fund buying is still scarce, this week we expect to see further bullish liquidation." Trader said that LME inventory changes The impact of the price began to weaken. Only a single day's change of more than 50,000 tons will have an impact on the market. Aluminum is also trading quietly and is currently trading at 1,875/878 US dollars, down 5 US dollars.