Copper prices rose in London on Wednesday with more upbeat demand prospects from top metals consumer China, ignoring pressure from rising inventories and caution ahead of the US Federal Reserve's rate decision later in the day.
The metal, used in power and construction, is rising for the first time in four sessions as concerns about consumption from China, the world's second-largest economy, in general and its crisis-hit property sector in particular begin to ease. The US currency index, which touched a six-month high last week, was down, making dollar-priced metals more attractive for buyers holding other currencies. FRX/
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