MARKET TALK: LME Copper Gains As Longs Regain Control

LME copper is moving higher due to the "fear factor" as long position holders gain sway in the market, a London broker says. "The shorts are afraid of trying to play the market again, so the dominant positions rule the roost," he adds. LME copper is last at $6825 a metric ton, +2% overnight and +3% from Thursday's low.