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Copper remains higher

NEW YORK: Comex copper remained near th day's highs as the market moved into quiet, steady midday trading, traders said.

"It's just the locals trying to push up the market," a floor source said.

COMEX followed LME higher, with London boosted by Chinese physical buying, some fresh fund buying and shortcovering, a trader said.

At 1249 EDT May Comex was up 1.00 cent at 120.60 cents per lb, traded 120.90 to 119.30 cents. April Comex was up 0.30 cent at 120.50 cents.-Reuter

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