KONTAN.CO.ID - BEIJING. Copper prices in Shanghai rose on Monday, supported by a weak U.S. dollar and hopes of better demand after top consumer China's pledged to boost its economy and real estate sector. The most-traded January copper contract on the Shanghai Futures Exchange added 0.8% to 66,010 yuan a tonne as of 0614 GMT. The London Metals Exchange is closed on Monday for the Christmas holiday.
Shanghai Copper Climbs on Weaker Dollar, Demand Hopes
KONTAN.CO.ID - BEIJING. Copper prices in Shanghai rose on Monday, supported by a weak U.S. dollar and hopes of better demand after top consumer China's pledged to boost its economy and real estate sector. The most-traded January copper contract on the Shanghai Futures Exchange added 0.8% to 66,010 yuan a tonne as of 0614 GMT. The London Metals Exchange is closed on Monday for the Christmas holiday.