Markets

LME copper to rebound to $7,300/T

SINGAPORE: LME copper is expected to rise to $7,300 per tonne as it refused to resume a downtrend. The metal only pierc
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The metal only pierced briefly below a pivotal support at $6,800, and the following rebound is strong enough to extend to $7,300.

A fall below $6,678 will confirm a progress of the downtrend towards $6,300.

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Copyright Reuters, 2011