MARKET TALK: LME Copper Edges Up After Prices Hold

LME copper edges higher on bargain hunting after overnight market retreats but doesn't collapse, says a trader. "If we hold here we're looking at consolidating, with $6,000/ton the next immediate target," trader says. Chinese demand still big talking point but so far little concrete demand surfaced in market. LME 3-month trades to intra-day high of $5,920/ton, up $21 vs Monday PM kerb.