London copper prices rose 0.4 percent on early Friday above $9,230 a tonne, but are on track to post the biggest weekly loss since last June, on renewed concerns about the euro zone debt crisis.
Three-month copper on the London Metal Exchange gained 0.4 percent at $9,230.50 a tonne by 0100 GMT, after sliding to $9,115 in the previous session, its lowest since late December. It was on course for a 6.3 percent weekly loss, the biggest since early June last year.
Shanghai's most active copper futures contract also edged up 0.4 percent at 69,530 yuan.
Worries about euro zone's sovereign debt problems sparked a broad sell-off across commodities, and investors continued watching the unrest in the Middle East with concerns that it
might spread to major oil exporters like Saudi Arabia and Iran.
Euro zone leaders plan to meet on Friday to discuss the region's debt crisis, but the meeting is unlikely to produce a breakthrough. (Reuters)
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