COMEX COPPER FUTURES ONLY SLIGHTLY HIGHER EARLY
Comex copper futures posted smaller
than expected gains early because of commission house
resistance beginning at 62.90 cents basis May, brokers said.
    Commission house selling has been entering between 62.90
and 63.10 cents because many speculators remain nervous after
recent sharp declines, brokers said.
    Locals were buyers in sympathy with firmer precious metals
and trade houses bought scale down, brokers said.
    May delivery was up 0.05 cent at 62.70 cents a lb in a
62.85 to 62.55 cents range.
 Reuter
