(Updates with official prices) By Pratima Desai LONDON, Oct 13 (Reuters) - Copper prices recovered on Monday as hopes of easing trade tensions between the United States and China and stronger Chinese imports of the industrial metal lifted sentiment. Benchmark copper on the London Metal Exchange traded 1.1% higher at $10,637.5 a metric ton in official rings after dropping more than 3% on Friday when President Donald Trump threatened sharply higher tariffs on Chinese imports. Expectations of copper shortages due to supply disruptions in Indonesia, Chile and the Democratic Republic of Congo, prospects of U.S. interest rate cuts and a weaker dollar have helped propel prices to 16-month highs at $11,000 a ton last week. Traders said optimism that Trump would scale back his rhetoric, as he has done before, and brighter prospects for demand in top consumer China were behind the higher copper prices. China's copper imports rose 14.1% in September from the previous month to 485,000 tons while its export growth bounced back as the country has been diversifying its export markets this year away from the United States. Elsewhere, focus is on zinc stocks in LME registered warehouses which at 37,475 tons are down 70% since the middle of July and at their lowest since March 2023 . Concern about zinc supplies on the LME market pushed up the premium for the cash contract over the three-month forward to three-year highs at $100 per ton. Three-month zinc edged up 0.1% to $3,005.5. Undermining the idea of tight supplies are rising stocks in warehouses monitored by the Shanghai Futures Exchange . At 106,950 tons they have more than doubled since the middle of July. In aluminium, traders said two companies holding large amounts of warrants - title documents conferring ownership - are behind the cash contract over the three-month forward flipping into a premium from a discount earlier this month . Three-month aluminium rose 0.1% to $2,752, lead slipped 0.9% to $2,002, tin ceded 0.8% to $35,875 a ton and nickel retreated 0.5% to $15,205 a ton. (Reporting by Pratima Desai; Editing by Tasim Zahid, Kirsten Donovan) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
