London copper rises to 1 month high, buoyed by China demand

MELBOURNE: London copper climbed to its highest in more than a month on Thursday, underpinned by robust demand in China and a weaker US dollar.

The dollar index slipped to a two-week low in the wake of the release of minutes from the US Federal Reserve's last policy meeting. A weaker greenback makes commodities priced in dollars more affordable for buyers paying with other currencies.

The International Monetary Fund this week underlined a rosier outlook for industrial metals use when it said a broad-based global economic upswing would likely be sustained this year and next.