Copper extended its December rally to the new week on Monday, supported by prospect of a broader Chinese reopening, given that the country is one of the biggest commodity importers in the world amid relaxing anti-COVID measures over the weekend in Chinese cities. Several cities in China on Sunday eased some COVID restrictions, following the capital Beijings lead a day earlier after a wave of public anger about the countrys draconian handling of the pandemic. COMEX copper futures were quoting at $3.88 per pound, up nearly 1% on the day. Powered by Commodity Insights
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