MARKET TALK: LME Copper Fall Halts But Downside Seen

The decline in London Metal Exchange copper prices seems to have abated overnight but further downside is likely ahead of index fund rebalancing next week, a broker says. "Sporadic pockets of selling" are expected through the day, with bargain hunters likely to "cherry pick on the lower numbers," he adds. LME copper trades at $5,765 a metric ton, up from $5,730/ton overnight.