The most-traded Shanghai copper contract on the Shanghai Futures Exchange gained 0.35 percent to close at 55,890 yuaan ($9,000) a tonne on Monday "The big issue is demand and how it will show up. We think it will be a slow recovery," said Hong Kong-based analyst Henry Liu at Mirae Asset Securities (HK). "It doesn't depend only on Chinese demand. More encouraging news is that the US is coming back," Liu said, adding that $7,500 appears to be acting as a floor for prices.