MARKET TALK:Copper To Establish Strong Base - Standard Bk

Copper trading likely to be highly volatile this week, but should establish strong base in following weeks as price approaching an immediate downside target, says Standard Bank; LME 3-month last at $5,605/ton, unchanged on yesterday's PM kerb. Adds pent-up consumer demand likely to emerge in Asia, now that prices have fallen well below $6,000/ton, though speculative players likely to sell on rallies, capping any short-term upward moves.