Copper up $0.04 to $2.32, page-89

Copper is up by $0.03 to $2.34 a pound.
Oil has retreated $1.80 to US$44.25 a barrel for October light crude in New York.
The Australian Dollar at 7:20AM was buying 69.28 US cents

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Copper was last bid at $US5148 a tonne, up 0.6 per cent from Friday's close.
There have been signs of a pick-up in copper demand from mainland China, UBS analyst Dan Morgan said.
"Merchant premia in China have lifted quite strongly which, with prices being relatively cheaper now, suggests we might see a little bit of a lift in copper imports."
But technical analyst Cliff Green, who examines charts to identify future trends, said the current rally was probably temporary after lifting copper from a six-year low of $US4855 last month.