"We favor copper, nickel and zinc on fundamental groundsand...

"We favor copper, nickel and zinc on fundamental grounds
and advocate accumulating longs into price weakness," says UBS in base metals
note Monday. View driven by shrinking global warehouse inventories as supply
side continues to struggle to catch up with uptick in China-led demand; also,
interest rate-wary investors buoyed by Friday's weaker-than-expected U.S. jobs
data. LME benchmark copper currently $7,780/ton, up $40 on London PM; zinc down
$5 at $3,445; nickel at $23,900, down $200 on Friday's new all-time high. please do your own research