Reuters Review (10-12)

LME Copper: Three-month copper on the London Metal Exchange (LME) closed at US$3,093 per tonne on Tuesday, down from Monday's closing price of 3,140. LME Aluminium: Three-month aluminum closed at US$1,830 per tonne, closing at 1,855 on Monday. COMEX Copper: New York Copper futures exchanges (COMEX) closed lower on Tuesday, but recovered some losses in the late session as profit-taking ended in speculative buying near the intraday low. Traders said that the sell-off was seen as corrective. Therefore, the future trend of copper will be favorable. Brokers said that the downfall is orderly, there is no panic selling, and speculators take advantage of the low. A broker said: "The market needs to correct the trend, which is the last few weeks Corrective trend. After the ascension on Friday, this was not even a real correction." Indicator December copper closed down 2.05 cents at 1.4480 US dollars per pound, once fell to 1.4230 intraday, and last Friday The low of the pair formed a double bottom. The daily high at 1.4690. The spot October copper closed down 2.05 cents at $1.4530. The other monthly periods closed down 2.45 cents to close at 0.40 cents. Volume estimates were 11,000, trading volume was 5,539 on Monday.