TOKYO — Copper is rising on expectations that China, the red metal's biggest consumer, will revive its appetite as the government moves to revive a sluggish economy.
Three-month copper futures on the London Metal Exchange (LME) topped $10,000 a tonne last Thursday for the first time since early July. On Monday, copper was at $10,158/ton, the highest level in nearly four months. Copper prices increased by 6% in September.