London copper prices climbed on Monday, supported by top metals consumer China’s pledge to stabilise its COVID-ravaged economy and as tight global stockpiles fuelled supply concerns. Three-month copper on the London Metal Exchange was up 1% at $8,348 a tonne, as of 0415 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange was flat at 65,440 yuan ($9,372.27) a tonne. China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments to ensure key targets are hit, said a statement last Friday following an agenda-setting meeting attended by President Xi Jinping ... (full story)