LME market: LME base metal futures mixed mixed on Wednesday. Traders said that the U.S. trade balance data in November triggered a sharp decline in the U.S. dollar, thus curbing the earlier downward trend. The U.S. trade deficit reached in November A record high of 60.3 billion U.S. dollars, far exceeding the estimate of 54 billion U.S. dollars, a trader said that the decline in the data and the U.S. dollar helped the LME market to reverse the decline. Traders said that the euro rose against the U.S. dollar and boosted the dollar base metal. Prices, but before the trader’s intentions and investment fund strategies become clearer, the market will maintain a volatile pattern. A trader added, “People are watching this year's trend and think that performance will be worse than last year. However, the fund may inject a lot of New funds." There were indeed some fund clearances at the beginning of the year. However, the rebound in the metal since last week was seen as a support for the fund. An analyst of AXA Investment Managers said, "In November, we lowered our base metal investment. The rating is down to the mark, and we are still insisting on this view, just for the sake of the macroeconomic environment." He said, "but if the price drops 10-15%, we will immediately increase its investment. Ratings, because we believe that by the time of 2006, the global economy will accelerate again." Three-month nickel tumbled again to around $15,000 per ton, closing down $250 to 14,850, three-month lead closed down $10 to 905 USD. Three-month zinc gained 1 US dollar to 1,231 U.S. dollars, and the light three-month tin futures closed at 7,725/7,750 U.S. dollars. Tuesday was 7,825. LME copper: Three-month copper rose strongly in the afternoon, but the gains were at 3,040. The $3.050 resistance stalled and fell back to close to $3,000 at noon. Copper futures closed at $3,030 in open outcry trading, up from Wednesday's closing of $3,026. The tightly-strained near-term spread was partially eased, spot/three-month copper The inverse spread was closed at 135/145, which was lower than Tuesday's 156. Continuing interest in lending transactions continued in the field, causing the next-day (TOM/next) premium to narrow from $10 to $2. However, spot/ The daily premium still stays at US$6. There is still a tense relationship between the contract expired this week and the next Wednesday. The reverse spread is very easy to climb sharply. LME Aluminum: Three-month aluminum broke the resistance at 1,845/1,850 US dollars, closing at 1,845. 9.50. spot / three months aluminum price Reported 5/10 USD, Tuesday to 8 USD. COMEX Copper: Copper futures on the New York Mercantile Exchange (COMEX) edged higher slightly on Wednesday, after the copper rose to a week high, as the U.S. trade deficit increased far more than expected and the dollar fell. Point. A trader said, "The trade deficit data and the weak US dollar dominate the market. The base metal has gained buying based on exchange rate movements across the board, which triggered a lot of short covering and triggered some stop orders, and the market ended higher." Indicator 3 The monthly price was approximately 0.70 cents higher at 1.4040 US dollars per pound. It was traded between 1.3905 and 1.4140 intraday. The spot January contract closed up 0.40 cents to 1.4440 US dollars per pound. Only a small number of contracts were actually traded. The contract ended 0.35-0.75 cents higher. Although trading appears to be more, a trader pointed out that the transaction volume was actually light. The COMEX volume was estimated at 7,000, which was lower than Tuesday's 9,244.