MARKET TALK: LME Base Metals May See Flows From Equity Mkts

LME base metal prices may benefit in coming months if money invested in equity markets is moved into base metal, commodity markets, says trader at Japanese house. "Money will be taken out of the equity market and may be put into the commodity market again, and that will push up the market." Adds despite sharp fall in Shanghai stocks, DJIA, it's unlikely that market players have to cover large losses since stocks had gained so much recently, so commodity markets unlikely to experience profit-taking to cover equity losses. LME 3-month copper +$75 on London PM kerb at $6,090/ton; aluminum +$10 at $2,825; zinc at $3,505, +$25; nickel bounces from lows, last at $41,450, +$60.