Copper prices rose on Tuesday, extending overnight gains, supported by a softer US dollar and as investors shifted their focus back to the overall positive outlook for global metals demand.
Three-month copper on the London Metal Exchange was up 0.7 percent at $10,021 a ton.
London copper closed below $10,000 a ton in the last two sessions amid a sell-off in industrial metals and has fallen more than 6 percent since touching a record high of $10,747.50 a ton earlier this month.
In Shanghai, copper rose 1.1 percent to 72,520 yuan($11,307.22) a ton.
The dollar was broadly weaker, as softer-than-expected US data and dovish comments from Fed speakers supported the view that any policy tightening is not happening any time soon as they allayed investor fears about inflation.
