Copper Rises on Falling Inventories, Improving Demand

COPPER - SINGAPORE. Copper prices rose on Thursday, supported by falling metal inventories, easing worries over a potential U.S. economic recession and demand showing signs of improvement in China.

Three-month copper on the London Metal Exchange fell 0.2% to $9,281 per metric ton by 0451 GMT, and the most-traded September copper contract on the Shanghai Futures Exchange advanced 0.4% to 74,000 yuan ($10,375.48) a ton.