By Reuters Staff
(Recasts; Adds Shanghai closing prices, updates London prices)
HANOI, June 28 (Reuters) - Copper prices shrugged off an early-session dip to trade slightly higher on Monday, as the dollar lost ground after opening the week firmer and investors looked for progress on a $1.2 trillion U.S. infrastructure deal.
The United States “is trying to get the infrastructure spending bill through Congress and all eyes will be on this week’s employment numbers to see if the return to work continues,” Malcolm Freeman, director at Kingdom Futures, said in a note.
Three-month copper on the London Metal Exchange was up 0.1% at $9,421 a tonne, as of 0739 GMT, on course to snap two straight daily declines. The most-traded August copper contract on the Shanghai Futures Exchange closed down 0.4% at 68,630 yuan ($10,632).
Copper edges higher as dollar gives up gains; U S bill in focus
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METALS-Copper edges higher as dollar gives up gains; U S bill in focus
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