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Copper prices rose on Monday, buoyed by strong Chinese exports data, improving jobs market in the United States and low inventories of the metal.
Three-month copper on the London Metal Exchange edged up 0.1 percent to $9,529.50 a ton, while the most-traded December copper contract on the Shanghai Futures Exchange advanced 0.9 percent to 70,130 yuan ($10,961.24) a ton.
Exports growth in China – the world’s biggest copper consumer – beat forecasts in October on booming global demand, easing power crunch and supply chain improvement.
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