Copper price rose on Thursday, as China decided to release fewer reserves metals than expected. Copper for delivery in September rose 1.6% from Wednesday’s settlement price, touching $4.343 per pound ($9,554 per tonne) midday Thursday on the Comex market in New York. The most-traded August copper contract on the Shanghai Futures Exchange increased 0.8% to 68,740 yuan ($10,632.14) a tonne. China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc from its state reserves on July 29, less than the market has anticipated. “It is slightly less than the market expected but it ... (full story)