Copper prices Zambia - The prices of copper yesterday snapped five days of drops, leading a rebound in commodities. This was after the United States (US) central bank said it could take steps to keep the economy from slipping into recession.

Commmodities gain came as Asian stocks rebounded from steep losses over the past several sessions after tentative signs European leaders are stepping up efforts to keep the region's sovereign debt woes from sparking a full-blown banking crisis.

Reuters reports that the prices for London Metal Exchange (LME) benchmark copper gained 2.2 per cent to $6,950 a tonne after climbing as high as $6,963.

Times of Zambia/06/10/2011