NEW DELHI: London copper prices rose on Monday with prospects of an economic recovery in top consumer China and a weaker dollar underpinning the market, although trading was subdued as the Chinese market was closed for the Lunar New Year holidays.

Three-month copper on the London Metal Exchange rose 1% to $9,420 a tonne by 0228 GMT.

The demand for copper is expected to rise after Beijing in December dropped some of the toughest COVID restrictions, which had battered the world's second-biggest economy. However, concerns linger over a possible surge in infections, as the country reopens and New Year celebrations begin.

The dollar was staring at a fourth straight session of losses against the euro on Monday, as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal Reserve.

Meanwhile, social unrest in Peru, the world's second-biggest producer of mined copper, raised worries about supplies.

"Up to 2% of global supply is at risk as Peru experiences nationwide unrest amid government protests," ANZ Research said in a note.

"The metals have very little buffer to withstand a rebound in demand or supply disruptions," it said.

Among other metals, LME aluminium fell 0.2% to $2,605.50 a tonne, zinc slid 0.15% to $3,415.50, tin nudged 0.12% lower to $29,500 and lead gained 0.19% to $2,093.

For the top stories in metals and other news, click or

DATA/EVENTS (GMT) 1500 EU Consumer Confidence Flash Jan (Reporting by Neha Arora; Editing by Eileen Soreng)