MARKET TALK: LME Copper Up In Muted Trade; Mkt Awaits Dip

LME 3-month copper at $5,690/ton, +$65 on London PM kerb in muted trade as consumers wait on sidelines in expectation of fresh losses, says Tokyo-based trader; adds yesterday's bargain hunting by Japan, Korea buyers absent today as price levels unchanged. Notes consumers expect fund selling to push copper towards $5,000 before recovering on speculative buy-backs by CTAs, hedge funds.