LME Market: The London Metal Exchange (LME) base metals mostly closed lower on Monday. Traders said that copper was losing momentum in overseas markets due to China’s buying momentum, but supply shortages temporarily prevented the copper futures from falling sharply. Copper fell in the follow-up period and ended lower. Intraday had hit a seven-year, three-month high above $1,300. LME Copper: Three-month copper rose by more than 1% to US$3,122.50 per tonne, but fell back to close at 3,072. Compared with last Friday's closing price, it fell by $10. Traders said that although the US dollar weakened slightly on Monday, the dollar-denominated metal has become cheaper, but the profit-taking in the market has weighed on the metal futures prices. One trader said. , "In the Asian market, buying was the dominant trend. But when the London market opened, the metal was not supported by lack of buying support. Unless Asia can once again provoke strong popularity, the market may fear further weakness due to optimism in the European market. The sentiment is not obvious. "Traders say investors are afraid to let go of action against the recent rally and remain cautious about the volatility of metal prices this year. Analysts at Basemetals.com When the report said, "As long as metal demand remains strong overall, the outlook for zinc futures is expected to be promising. However, China's economic growth is slowing down. Car sales growth has fallen sharply, and the number of developed real estate has also been in the period from late 2003 to early 2004. The peak period has dropped by about 50%." "The automobile and real estate industries are large consumers of metals. Although these two industries are still growing, the growth rate has dropped sharply, and this trend is likely to lead to weaker metal demand than expected. LME Aluminium: Three-month aluminum closed at 1,838 and was last Friday at $1,856. Three-month zinc fell by $2 to 1,290, from a seven-year, three-month high of 1,305. COMEX Copper: New York Merchandise Futures Trading The Copper Exchange (COMEX) closed lower on Monday, and traders said that profit-taking pressure caused the market to retreat earlier gains triggered by doubts on the supply side. Traders said that COMEX copper was seeking guidance from overseas markets in early trading. Copper was overseas. The market was boosted by news of tight stocks in both Shanghai and London stock exchanges. However, the slight profit-taking pressure that emerged afterwards caused COMEX copper prices to fall. March copper closed down 0.45 cents to 1.43 dollars per pound with a trading range of 1.4240. -1.4510, after a water This is the first time since Jan. 4. The spot month fell by about 0.10 cents to $1.4755 in the January period, and fell by 0.15-0.45 in the remaining months. COMEX volume was estimated at 7,000, compared with 11,084 last Friday. A trader said that low stocks, the trend of the US dollar, and slight profit-taking selling pressure contributed to the trend of copper prices today.