Copper prices on Monday scaled to their highest in more than one month, as relaxation of COVID-19 lockdowns in top metals consumer China, stimulus measures and hopes that the United States would cut tariffs on Beijing propped up sentiment.
Three-month copper on the London Metal Exchange CMCU3 was up 2.2% at $9,705 a tonne, as of 0710 GMT, after hitting its highest since April 29 at $9,805.50 earlier in the session.
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