Copper up on GDP restatement

Copper rose in London for a second day Thursday after China restated its economic growth estimate, Bloomberg reported, raising expectations that demand will stay ahead of supply next year. Copper for delivery in three months on the London Metal Exchange advanced as much as US$20, or 0.5% to US$4,435 a ton and traded at US$4,419. Copper climbed 40% on the LME this year, more than any other metal except zinc.