The most-traded May copper contract settled at 59,730 yuan ($9,485) per tonne, up 140 yuan per tonne from the last session. The contract was up 230 yuan on the week.
The consumer price index, a key gauge of inflation, rose by 2% year-on-year in January, the National Bureau of Statistics announced on February 8.
The rate was slower than December’s 2.5% annual increase.
“While there is some base effect as last year’s lunar new year was in January,...