Shanghai copper rises

Copper futures rose more than half a percent on Tuesday, with London extending a 1.3 percent gain in its previous session, buoyed by falling inventories, a softer dollar and gains in Chinese equities. Three-month copper on the London Metal Exchange rose 0.7 percent to $7,298 a tonne by 0713 GMT, after rising almost $100 in the previous session.
"Metals are tracking the dollar and equities," Joel Crane, an analyst at Morgan Stanley in Melbourne, said. Benchmark third-month Shanghai copper rose 450 yuan to 57,750 yuan.