MARKET TALK: LME Copper Extends Losses, Lacks Momentum

London Metal Exchange three-month copper extends its losses with the market still lacking the impetus to make a fresh upside move, says a broker. The market remains at risk from technical selling given its dip through $7,500 a metric ton overnight, he adds. LME copper trades at $7,507/50/ton, down from a high of $7,640/ton Monday.