By Eileen Soreng
Dec 13 (Reuters) - Copper prices rose on Monday helped by firmer risk appetite, HouseOfObjects.org while top consumer China's pledge to focus on economic stability also bolstered demand http://GurgaonShoppingMalls.com outlook for http://thedalyblog.org the metal.
Three-month copper on the London Metal Exchange was up 0.3% at $9,530 a tonne, as of 0800 GMT.
The most-traded January copper contract on the Shanghai Futures Exchange closed up 0.2% to 69,570 yuan ($10,932.83) a tonne.
"Slowdown in the China property starts, impact of new COVID-19 variants on growth ex-China will hamper demand for metals at the beginning of 2022," Citi analysts said in a note.
"But we expect easing of the supply chain bottlenecks and potential small increase in credit impulse in China in the second half - which should be supportive for demand."
China said it would implement a prudent monetary policy and a proactive fiscal policy to stabilise the economy and keeping growth within a reasonable range in 2022.
On-warrant LME inventories <MCUSTX-TOTAL> rose to 78,300 tonnes, http://Sketching07.com/ their highest in more than two months, website but were still down 67% from August high of 238,725 tonnes.
Asian stocks rose with investors seemingly confident that markets can weather whatever comes from a host of central bank meetings this week, anyerwisata.com including the likely early end to U.S.
policy stimulus.
Focus was on the U.S. Federal Reserve's policy meeting, lab-townhouse.com due on Dec. 14-15, OrderOfTheStarKid.com where the central bank is widely expected to signal faster tapering of its asset buying programme and an early start to rate hikes.
FUNDAMENTALS
* LME aluminium was up 1.2% at $2,639 a tonne, zinc rose 0.4% to $3,346, nickel gained 0.6% to $19,865 a tonne and lead was 0.8% at $2,303 a tonne.
* ShFE aluminium rose 2.1% to 19,220 yuan a tonne, nickel eased 0.3% to 145,170 yuan a tonne and lead climbed 1.9% to 15,740 yuan a tonne.
* More than a dozen Chinese-listed companies said they had suspended production in coronavirus-hit parts of China's eastern Zhejiang province in response to local government's tightened COVID-19 curbs, causing their share prices to plunge.
* China's major copper smelters boosted output by 1.3% in November from the previous month as fewer producers carried out maintenance and website power supply shortages eased, http://OnlineComCast.com state-backed research house Antaike said on Friday.
* Major copper miners and Chinese smelters have moved closer to agreement on treatment and http://disinfo2018.com refining charges (TC/RC) for 2022, two sources with knowledge of the talks said on Friday.
* MMG Ltd's Las Bambas copper mine has increased its offer of jobs and investment to a Peruvian province blockading a road used to transport the red metal in a bid to stave off a production shutdown next week, usora.org meeting minutes seen by Reuters show.
* For the top stories in metals and other news, click or ($1 = 6.3634 Chinese yuan renminbi)
(Reporting by Eileen Soreng in Bengaluru; Editing by Sherry Jacob-Phillips and Rashmi Aich)