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MARKET TALK: LME Copper Firm But Volatile, Volumes Up

Wednesday, Jan 24, 2007
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London Metal Exchange three-month copper looks set to remain volatile after ticking higher on technical short-covering, with volumes also expected to pick up, a broker says. "Copper was well bid on the electronic systems Tuesday and if the market continues in this mode today we'll target $5,950 a metric ton," he adds. LME copper trades last at $5,725/ton, up from a low of $5,560/ton Tuesday.

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