MARKET TALK: China Copper Futures Higher; Charts, Cash Cue

Shanghai copper futures up sharply on charts cue, underpinned by strong cash market, says Li Rong, Great Wall Futures analyst; metal is "likely to continue the uptrend the rest of the week, along with improved sentiment on commodities overall." Benchmark March contract at CNY54,000/ton, +CNY1,600, or 3.1%; LME 3-month at $5,738/ton, +$88 from PM kerb.