** The overall recovery is continuing

Sucden Financial issued the base metal daily on August 30th, saying that during the Asian trading hours, LME-based metals mostly rose, holding on to gains on the 26th, London at 8 am, copper rose to 9,150 US dollars / ton. Copper prices were also supported by more buying activity in the Chinese spot market and the possibility of further strikes at the Freeport Mc Moran Grasberg mine in the United States. At midday, copper briefly tested the $9,200/ton area. After a sharp decline in recent days, the overall pick-up in the price of base metal prices continues. Aluminium stabilized during the period and traded for the first time in the past week was above $2,400/ton. Following the encouraging closing on the 26th, zinc continued to maintain its momentum, but there was a clear sell-off in the $2,300/ton area. Similarly, lead exceeded US$2,500/ton, which helped support prices as China's demand improved. In terms of economic data, U.S. consumer confidence fell sharply in August from 59.20 in July to 44.50, and the market expects 52. Copper prices once fell, but this was only a flash in the pan, and the base metal market maintained its overall stable tone throughout the day. The base metals closed at a new high during the day at 5 pm, but trading volume was light again and trading was more routine. The tin report was US$24,005/ton, the zinc price was US$2,285/ton, the nickel price was US$21,905/ton, the lead time was US$2,550/ton, and the copper was US$9,180/ton. Aluminum reported 2,425 US dollars / ton. Gold rose higher on the 30th, with short covering above the $1,800/oz mark. The weak US consumer confidence index report further boosted gold's price, and the price of gold rose to $1,833/oz.