Copper prices set fresh multiyear highs on Monday over worries about possible supply disruptions following unrest in Peru and optimism about the launch of a Chinese futures contract open to international investors.
On the Comex market, copper for delivery in December gained 2.7% to $3.2625 a pound ($7,193 a tonne) amid heavy buying, with more than $8.3 billion worth of metal traded by mid-afternoon in New York.
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