MARKET TALK: LME Subdued, Copper Holding Up Well

LME metals trade in "very low volume," given that many countries observe the All Saints holiday, says a trader. "The main focus is on tracking averages at the moment as a means to minimize risk amid current volatility," he says. LME copper is "holding up surprisingly well," given stock additions and generally improved levels of supply. LME 3-month copper trades at $7,417.50/ton, up $42.50 on the Tuesday PM kerb.