Copper futures ended higher on Tuesday after a rebound in imports by world’s top consumer China. Reports Reports showed that Chinese imports of refined copper increased 8.3% in July from a year ago, but cargoes remain down 15% over the first seven months of 2017 to 2.62m tons. Shipments of copper concentrate were unchanged in July from the month before and up 2.2% from July last year to 1.4m tons.

Copper futures for September delivery gained 1.2 percent to settle at $2.9425 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended up 1 percent at $6,480 a metric ton.

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