London copper futures rallied back above $9,000 a tonne on Friday and Shanghai metal reversed a 1 percent loss after a near-30 percent surge in Chinese copper imports last month caught the market by surprise. China's imports of copper rose 28.5 percent to 351,597 tonnes in November from 273,511 tonnes in the previous month, data showed on Friday.
Shanghai copper edged higher to 67,320 yuan, having recovered from 66,290 yuan early in the day. Copper rose for a second week running, up 2.8 percent. Traders are also monitoring the launch of a physically-backed copper ETP, or exchange-traded product, on Friday by ETF Securities.
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