Oct 30 (Reuters) - Most non-ferrous metals climbed on Monday as supportive economic measures from top consumer China boosted sentiment, while upbeat demand for copper also lifted prices.
Three-month copper on the London Metal Exchange was up 0.3% at $8,120 per metric ton by 0200 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange advanced 1% to 67,310 yuan ($9,199.75) a ton.
LME aluminium rose 0.5% to $2,231.50 a ton, zinc advanced 0.2% to $2,477, tin increased 0.7% to $25,070, while lead fell 0.5% to $2,113 and nickel was flat at $18,374.
SHFE aluminium was up 1.9% at 19,220 yuan a ton, nickel increased 1.2% to 146,710 yuan, zinc climbed 1.5% to 21,280 yuan, lead rose 0.6% to 16,300 yuan and tin was 1.5% higher at 214,860 yuan.
Yangshan copper premium
Profits at China's industrial firms extended gains for a second month in September, adding to signs of a stabilising economy as the authorities launched a burst of supportive policy measures.
Chinese lawmakers last week approved 1 trillion yuan worth of bonds to reform disaster-hit areas, which would require metals for construction.
Inventories of copper in SHFE warehouses
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DATA/EVENTS (GMT)
1000 EU Consumer Confid. Final Oct
1300 Germany CPI Prelim YY Oct
1300 Germany HICP Prelim YY Oct
-- Japan Bank of Japan holds a monetary
policy meeting to Oct. 31
($1 = 7.3165 yuan) (Reporting by Mai Nguyen in Hanoi; Editing by Sherry Jacob-Phillips)