MARKET TALK: LME Copper Up On Follow-Through Buying

LME 3-month copper last at $5,930/oz, +$51 on London PM kerb on follow-through buying after overnight LME rally due to technical rebound, also buoyed by disruption of production at Codelco's Chuquicamata mine, says Maike Futures' Haihua Shen. Adds copper may pare some gains in short-term as LME copper may have overcorrected yesterday after the recent losses. Notes SHFE copper now off day's highs after hitting limit-up earlier in day, suggesting sell on rally trading may emerge.