Reuters commented on the LME market: The London Metal Exchange (LME) base metals futures held steady during the second round of intraday trading on Friday, and today's trading time is shortened. One trader said that only some closing transactions were seen. The other said that the market There was little reaction to China’s export tariffs. “The Chinese government announced on Friday that it will levy a 5% export tax on aluminum from January 1st next year. The market believes that this will reduce the global aluminum market supply in 2005. Officials of the Customs Tariff Commission Office told Reuters by telephone that it will impose a 5% export tax on refined copper, export scrap tax rates will be 10% for scrap copper and unrefined copper, and the export tax rate for nickel will be 2%. This decision is expected to lead to the Chinese aluminum industry. On the scale of compression, many small aluminum plants may collapse to support futures prices. Three-month aluminum hit a fresh nine-and-a-half year high of US$1,934 per ton, as banks pushed up prices. But due to lack of follow-through buying, aluminum was in the second round. Intra-equity trades fell by $3 to 1,917. The New York Mercantile Exchange (COMEX) closed today and reopened on Monday. The LME market ended the transaction at 1330 GMT and will resume trading on December 29. The three-month tin report is given per ton. $7,875, down $50. Three The monthly zinc price was unchanged at US$1,208, and the three-month nickel price was also unchanged at US$14,700. The three-month lead had no transaction and the price was unchanged at 949/50 US dollars. LME copper: the three-month copper strengthened by US$15 to US$3,075. The retreat began at Wednesday's high of 3,157.50. LME Aluminium: Three-month aluminum hit a fresh nine-and-a-half year high of US$1,934 per tonne as the bank pushed up the price. However, due to lack of follow-through buying, aluminum was in the second round. Intra-day trading fell 3 USD to 1,917. COMEX Copper: Copper futures on the New York Mercantile Exchange (COMEX) closed higher on Thursday, as the newly announced US durable goods (durable goods) orders and consumer confidence index are quite strong, so that the Fund Buying bids took the upper hand over speculative selling and pushed the market upwards. The COMEX copper market closed one hour ahead of schedule on Thursday and the New York commodity market closed on Friday. The indicator closed at approximately 1.3 cents higher in March 2005. USD 1.4225 per pound. The fluctuation range was 1.3960-1.4250 USD. The period touched a contract high of US$1.4560 on Wednesday, but profit taking made the period about to pare gains until it closed lower. The spot December price closed higher by approximately 0.80 USD. Points to $1.4830 per pound, other periods The closing price of copper was estimated to be 7,000 to 1.07. Copper futures were estimated to be higher than the final closing by analysts as a bullish signal. A senior trading analyst said, "This week NYMEX copper rose about 2 cents, hitting The contract reached a new high and was sold sharply yesterday (Wednesday). It also opened lower today, but it ended higher than the end of the year. The rise was the tone of the market. Overall, the copper performance was very strong, even if the holidays were just around the corner." In addition, traders will be in early trading today. The sell-off was attributed to the profit settlement and the settlement before the weekend.