LME Copper: Copper futures closed higher during the quiet period on Friday, traders said, investors are reluctant to push prices above the current trading range. Three-month copper rose 1% to US$3,086 per ton yesterday’s 3,053 today Most of the time in early trading is below the flat level. A trader said, "As usual, the current investors seem to be happy to maintain the range volatility for the time being." Although the copper regained its uptrend, the price was still lower than the three weeks it touched on Monday. The high point is $3,120. An analyst at BaseMetals.com pointed out that "the market is still continuing to consolidate as a whole, but it seems that copper futures and aluminum futures seem to inhibit the rise of other metals. Other metals may appear to be gaining momentum. If copper and aluminum futures start to rise, other metals are expected to climb further. "Berger, an analyst at Societe Generale, said," It is clear that some metal futures are still very strong, but now there is a vague feeling that the upward momentum is positive. It began to subside. "The slowdown in the rally has caused the Fund's trading activities to decrease substantially as it tries to determine whether it needs to reduce its holdings. Traders said that the higher inverse price difference for copper futures is still worrying. Spot / 3-month inverse Spread from week Widened to $ 170 from $ 175, 185 for the larger LME aluminum hit a high point since April 2004: three-month aluminum rose $ 14 to close at 1,842. COMEX Copper: Copper futures closed higher on Friday as some funds and speculators bought copper futures for beautification before the end of the month. Traders indicated that they used the US dollar as a reason to buy in early trading. One trader said, " Bulls and funds want to protect their portfolios, especially in the first month of the year. They want to make sure that the first month has performed well. My feeling is that they will enter the market each time the price of copper falls and buy more. The copper boosted the price and made everyone nervous." The March 3-month copper rose 1.15 cents to 1.4385 US dollars per pound, hitting a high of 1.4450 during the session, so the previous government announced the fourth quarter economic growth than the expected annual rate Slowed down. The intraday low was 1.4260. Spot January rose about 1.65 cents to $1.4625, while the rest of the month was about 0.55-1.10 cents higher. COMEX copper volume was estimated at 14,000. At 11,925 on Thursday.