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Copper rises 0.31% as concentrate shortages persist

Three-month copper on the London Metal Exchange rose 0.31% to $14,452.50 a metric ton by 0330 GMT. Signs of severe copper concentrate shortages supported prices, while a strike ending at a major Chilean mine eased some immediate supply concerns.

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Copper edged higher on Monday amid signs of severe shortages of copper concentrate, while the end of a strike at a major Chilean mine eased some immediate supply concerns.Three-month copper on the London Metal Exchange LME:CA1! rose 0.31% to $14,452.50 a metric ton by 0330 GMT, while the most-trade…