Shanghai Copper rise on G7 optimism

SHANGHAI (Scrap Monster): Shanghai Futures Exchange copper prices advanced on Wednesday after market sentiment lifted in the wake of Tuesday's G7 talks.

Shanghai Futures Exchange September copper settled at 53,680 yuan ($8,453) per tonne, advanced 210 yuan from the previous trading day.

"The overnight G7 talks soothed some nerves, quietening down some of the bears," said Capital Futures analyst.