Copper: Sell on rise Copper closed at
$7,040 per tonne on the LME yesterday. The growth prospects of the
various economies are clouded, affecting the prospects of an
increase in the demand for copper. Along with the seasonal
correction, concerns about the world's economic growth are looming
large on the counter. Expect the various economic data from the USA
to have an impact on the counter, which will result in high
volatility. The US inflation data should also have an impact on the
counter. The weakness is likely to persist and hence sell on
rise.