London copper rose 0.7 percent

London copper rose 0.7 percent on Thursday, trading just above $9,900, but worries about inflation and the demand-stifling effect of prices near highs could keep the market check.

Three-month copper on the London Metal Exchange rose $65.25 to $9,9

Shanghai's most active copper contract dropped 0.9 percent to 74,960 yuan.

Prices were expected to fall to 73,850 yuan per tonne as a five-wave cycle has completed with a correction on the way, said Reuters analyst Wang Tao.

Inflation pressures in China, consumer of 40 percent of the world's copper, and elsewhere, have sparked anxiety amongst investors.