MARKET TALK: Mkt Unsure Of China Reaction To LME Prices Rise

Reaction to sharply higher LME prices from Chinese players "difficult to tell" before market reopens later after Chinese New Year holidays, says Australia-based trader. Opinions diverge between market running quickly higher, profit taking on short-term positions or consolidation from where to test higher. LME 3-month copper last trades at $6,275/ton, down $31 vs Friday PM kerb.