LME Market: The London Metal Exchange (LME) base metals ended mixed on Friday, with copper closing higher as tensions began again before the start of next week’s June pricing activity. “Short weekend cover, some Investors hope to cover short positions before Monday's pricing activity, "said a trader. Dealers will conduct pricing activities for the third Wednesday of June. Copper spreads are particularly tight." Copper futures / three months reverse spread again Expansion, spot/day reverse price spread is also more tense, "the trader said. Three-month copper movements fluctuated, late-night composite trading closed at $ 3,300/3,305 per ton, higher than Thursday's late evening composite trading closing price of 3,249. Increased supply of mines will lead the copper market to oversupply, but LME copper is still supported by technical strains and low inventory. The International Copper Industry Research Institute (ICSG) announced on Thursday that in 2005, the global surplus copper supply surplus was 25,000 in the previous quarter. t, the same period last year was a shortage of 364,000 tons. However, LME copper stocks were less than 40,000 tons, a 31-year low. Friday's drop of 2,000 tons, suggesting that copper may rise further, test a record high two months ago $3,336. In Stock / The inverse price difference between the previous month was extended from the previous 205 US dollars in overseas markets to 220/230 US dollars. The spot/1 day reverse spread was reported at 7.00/8.00 US dollars. The US dollar strengthened after the US trade data released, affecting other basic metals trends. The trade deficit increased less than expected. Three-month aluminum closed at US$1,715, down by US$20. Three-month nickel fell by US$150 to 15,925. Three-month lead fell by US$2 to 963. However, three-month period Zinc > ignored the news that the stocks increased by 14,600 tons and closed flat at 1,294. Three-month tin regained its recent losses, rising by 80 US dollars to 7,580.9 months polypropylene (PP) futures at 948/949 US dollars, the previous trading day at 947.50. September Linear Low-Density Polyethylene (LLDPE) Futures Report 950/952, yesterday at 948.50. COMEX Copper: Copper futures on the New York Mercantile Exchange (COMEX) closed higher Friday, spot copper closed at a 16-year high as copper The further decline in inventory and tight spreads in recent months caused short-covering buying and prompted the fund to establish new long positions. July copper closed at a high of $1.5625 per pound, up 1.55 cents from the low of $1.5440. Most of the July contract this week is narrow near the current level The volatility rallied after the three-month copper rose to a 16-year high of 1.58 on Monday. The June copper closed up 3 cents at 1.6320 dollars per pound, which is the higher level of the spot monthly contract since November 1988. Copper futures volume is estimated at 21,000, which is much higher than Thursday's 15,257.