MARKET TALK: Upside Momentum In LME Copper Stalls

Upside momentum in LME copper has stalled amid light trade selling with buyers cautious amid softer equities overnight and slightly worse-than-expected US data Tuesday, a broker says. "The market got a little carried away with some bullish Chinese import data and seemed to forget the other influences on prices," he notes. LME copper trades at $6,150/ton, down 1% overnight.