re: china - import of copper grows
MARKET TALK: Base Metals Top May Be Near - Man Fncl 27/01/06 14:28:00
0328 GMT [Dow Jones] Most LME base metals higher in Asia, recent strong buying
interest in base metals market could be sign of top being near, says Man
Financial. "A strong, explosive rally is usually indicative of late money
finally throwing in the towel and jumping in, this usually before an inevitable
correction sets in." LME 3-month copper +$21 at $4,795; aluminum +$6.50 at
$2,475.50; nickel +$25 at $14,850. (GLS)
Contact us in Singapore. 65 64154 140;
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(END) Dow Jones Newswires
27-01-06 0328GMT
Copyright (c) 2006 Dow Jones & Company, Inc.(AP-DJ-01-27-06 0328GMT)
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