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MARKET TALK: LME Copper Looks Vulnerable Once More

Wednesday, Dec 20, 2006
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LME copper is steady with the recent rebound looking short-lived and a deal for workers at two unions negotiating contracts with Chilean producer Codelco's Norte division likely to leave prices vulnerable, a broker says. Notes illiquid conditions will add to the near-term volatility, with a "constant trickle of sellers" still evident. LME copper trades at $6,675 a metric ton, more or less unchanged overnight.

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