Copper remains range bound and continues to trade below the 50 and above the 200 day moving average.

Copper has strong support at the 200 day moving average of 315. Prices have bounced off this level twice in recent weeks.

Industrial Metal Closing Prices 6-01-07

Metal LB in USD Cash 3 Month 15 Month

Copper 3.4067 3.3657 3.0663

Aluminum 1.2589 1.2755 1.2256

Nickel 22.8838 21.5888 17.6765

Lead 1.0664 1.0682 .9367

Zinc 1.6831 1.6831 1.5073