Copper gained in London as European finance ministers approved the next disbursement of aid for Greece and ahead of a policy meeting outcome from Japan. Aluminum, zinc, lead and nickel also advanced. Copper for delivery in three months climbed as much as 0.7 percent to $8,110 a metric ton on the London Metal Exchange, before trading at $8,107 at 10:41 a.m. Shanghai time. Futures for delivery in April on the Shanghai Futures Exchange added 0.6 percent to 58,520 yuan ($9,398) a ton. At a meeting yesterday in Brussels, euro-area finance ministers gave the green light for the payout of 9.2 billion euros ($12.3 billion) to Greece this month. The Bank of Japan is set to adopt Prime Minister Shinzo Abe’s desired 2 percent inflation target today when it concludes a two-day meeting, according to 21 of 23 economists surveyed by Bloomberg News. “Copper prices are supported by stabilizing conditions in Europe, and the expectation of a recovery in the U.S. and China,� said Wang Jun, an analyst at Beijing Cifco Futures Co. The U.S. House of Representatives said it plans to vote as soon as tomorrow on a bill to suspend the U.S. debt limit until May 19. Copper for delivery in March on the Comex in New York rose 0.3 percent to $3.6895 per pound. To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net

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