Copper climbed from an eight-day low in Shanghai as a rally in equities helped dispel concern that demand for the metal may be slowing.

Futures gained for the first time in three days after the Standard & Poor's 500 Index on Monday advanced to its highest level in almost a year.

The metal, used in plumbing and electrical cables, dropped as much as 4.2 percent on Monday as global inventories expanded and on the risk of a widening trade dispute between China and the US.