Copper prices edged higher on Monday, supported by stronger-than-expected inflation data from top consumer China and supply concerns after Freeport delayed a full recovery of its Grasberg mine in Indonesia. The benchmark three-month copper on the London Metal Exchange was up 0.23% at $13,604 a metric ton, as of 0714 GMT, after reaching a three-month high of $13,643. The most-traded copper contract on the Shanghai Futures Exchange closed daytime trading 0.94% higher at 104,620 yuan ($15,396.39) a ton, after hitting a three-month high of 104,840 yuan. China’s consumer prices rose 1.2% in April from a year earlier, ... (full story)