Copper rebounded overnight as investors emboldened by solid supply and demand fundamentals sought bargains after tit-for-tat trade tariffs between the United States and China triggered a fall in prices.
The Chinese government said on Monday that it would impose higher tariffs on most US imports on a revised $US60 billion target list, hitting back at a US tariff increase on $200 billion worth of Chinese goods, only days after markets were expecting a trade deal.
Benchmark copper on the London Metal Exchange ended 0.3 per cent up at $US6,027 a tonne after touching a 15-week low the previous day.
Metal Tiger plc (LON:MTR) is listed on the London Stock Exchange AIM Market with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.