Copper Pares Losses as Signs of Dip-Buying Emerge in China

Contracts fell about 2% on the London Metal Exchange, after earlier dropping as much as 5.7% to $12,414.50 a ton. Other base metals also posted big losses, with tin falling as much as 11.3% and nickel falling 8.1%. Prices on the Shanghai Futures Exchange rose back above 100,000 yuan a ton as the night-trading session got underway at 9pm local time on Monday, after closing down by the daily limit earlier in the day.