Reuters commentary (8-6) LME market: The London Metal Exchange (LME) base metals mostly closed lower on Friday. Lead and zinc were weighed down by renewed smelter news. The Portovissme, a Swiss trader owned by Glencore International, a Swiss trader, this morning Confirmed that the plant has begun operations and will gradually resume full operation. The general manager of Portovesme srl stated, "We have started to produce lead and zinc." He told traders, "We expect to reach full capacity by the end of the year. "Three-month zinc fell by $23.50 to $1,000.50, and three-month lead fell from $873 to $860. A series of mixed news caused the market to be confused, but traders said that the confirmation statement of Portovesme caused the bulls to consider reducing their holdings. A senior trader in London said: “The news about the Portovesme does affect the market and the bulls think twice about where they are.†The expected increase in lead supply eased the pressure on the spot/three-month spread, and reversed the price difference on Friday afternoon. From early Thursday's 76/86 to 25/35, the US employment data dragged the dollar lower than expected, but the dollar's decline is not enough to boost metal prices. 1549 GMT, the euro against The dollar rose 1.3% to $1.2269. The market is currently concerned about the decision of the Federal Open Market Committee (FOMC) on the interest rate at the August 10 meeting. The buying at the end of the market was briefly boosted by the copper. Daily Daily 2,787. One LME transaction The official said, "The initial response of the US market after the announcement of the data is to buy. However, the lack of follow-through buying and the weakness of several metals have dragged down the overall market conditions." "There was a small amount of short covering before the close," he added. Nickel fell by US$7 to 12,850, and tin futures closed up 150 to US$8,800. LME Copper: Three-month copper fell to US$2,784/ton, LME Aluminum: China Aluminum fell US$4 to 1,684. COMEX Copper: New York Merchandise Futures Trading The COMEX copper futures ended modestly lower on Friday, with intraday trading delays. Most market players waited and watched, measuring the significance of the US dollar's weakness after weak employment data. Traders said that the slow growth of employment in the United States means economic slowdown. The market questioned the strength of the economic recovery, which will also affect the market's future demand for metals such as copper. An analyst said that the US employment data is far lower than expected, and this data "is enough to change the market structure." The main September issue About 0.2 cents lower to 1.2780 per pound Yuan, the trading range ranged from 1.2730 to 1.2920. The spot August contract fell 0.2 cents to 1.2820 pounds, and the active 12 month rose by approximately 0.55 cents to 1.2610. The US dollar fell across the board on Friday. The unexpectedly weak July non-agricultural employment data raises questions about the constitution of the U.S. economy and the pace at which the Federal Reserve Board (FED) will raise interest rates in the future. In July, the number of non-agricultural jobs increased by only 32,000, compared with June and May. A total of $61,000 was revised down. Analysts had originally estimated that there would be an increase of 228,000 in July. The final trade volume of copper was estimated at 14,000, compared with 10,714 on Thursday. As of Thursday, the open interest increased by 431 to 70,960. : Sunshine Technology