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By Reuters Staff (Updates with official prices) LONDON, March 10 (Reuters) - Copper prices rose on Wednesday as traders hoped a pullback from 10-year highs had run its course and the metal’s spectacular rally would resume. Strong demand from China and expectations of years-long supply shortages encouraged a wave of speculative buying that drove prices to $9,617 on Feb. 25, their highest since 2011. The rally was punctured by fears that a speculative bubble was forming and a spasm of caution on wider markets caused by a spike in U.S. bond yields, but prices have begun to recover from a low of $8,570 last week.

Han iRepublic ofCity ofUnited kingdomMai nguyenNitesh shahPeter hobsonJan harveyLos pelambresMarex alastair munroMarex spectronThomson reuters trust principlesLondon metal exchangeShanghai futures exchangeAlastair munroThomson reuters trust