Copper recovered on short covering after prices dropped amid weaker than expected German manufacturing data pointed to lower demand.
Prices also seen supported by a fall in stockpiles at LME warehouses by 5,350 tonnes to 294,225 tonnes, down from a recent high of 340,350 tonnes in mid-May.
The discount of LME cash copper to the three-month contract rose to $30 a tonne from $14 two weeks ago, indicating tighter supply.
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