LME Market Report --- The underlying metals traded mixed, still within the near-term range. The London Metal Exchange (LME) mixed in a quiet trading session on Wednesday, but the price is still stuck in the usual trading range. Inside. A trader said that in many aspects today's transactions are bland. “The market was on the defensive earlier, especially due to the increase in some metal inventories, and the macro factors did not provide too much incentive for trading.†The expiration of the option did not stir up the market, and the important economic data released by the United States was worse than analysts’ expectations. , but it has little effect on the dollar. The data on non-farm payrolls for the United States, scheduled to be released on Friday, remains a source of investor attention. The August ISM employment sub-index fell for the third consecutive month, which may constitute a bearish factor for the US dollar. In the United States, the newly added non-agricultural employment population was only 32,000 in July. If the August employment data released on Friday shows that there is still not much new employment, the market is more likely to question the US Federal Reserve’s optimism about the economic situation. The commentary, and the saying that it is raising the pace with a "prudential and orderly" approach. Three-month copper closed at $2,774 per ton in late night trading, down $8 from yesterday. The trader stated that "ISM is not too bad, which made the market somewhat relieved, but the strike of Peruvian copper miners has affected the market, so the price of copper is in a range." Peruvian Southern Peru Copper Company's 1,500 worker strikes entered second on Wednesday Days, the union stated that the company's management and union representatives were deadlocked and that no negotiation plan had been formulated. Dealers said that aluminum had stable consumer buying support; nickel was pushed higher by technical buying. Three-month aluminum closed at 1,700 US dollars per ton, up 3 dollars. Three-month nickel reported 12,725 US dollars, up 450 US dollars. Three-month tin closed at US$9,165 per tonne, up by US$240; three-month lead dropped by US$27 to US$831. "During the period tin was pushed up by trade buying, producers rarely sold, and lead was pressured by technical selling." Three-month zinc was flat at $974 per ton.
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