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Copper rose 2.3 percent on Thursday, recovering from the previous day's modest loss, supported by supply worries, a fall in the dollar and gains in other commodity markets. Aluminium was in focus, rising 1 percent after Alcoa Inc reported a surprise third quarter profit and pointed to signs that key markets were stabilising, saying it expected global consumption to rise by 11 percent in the second half of this year.
Three-month copper on the London Metal Exchange rose $138 to $6,233 a tonne by 0712 GMT. The dollar continued to fall versus the euro, trading 0.6 percent weaker versus the euro at $1.4780.

Copyright Reuters, 2009

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