Summary Box: Metals rise as regulators agree on banking reform; China continues strong growth

Summary Box: Metals get lift from banking reform

BANKING BOOST: Metal prices rose Monday after new reserve requirements for banks were not as stringent as analysts expected. The smaller requirements mean banks will be freer to lend and not cut back on trading.

CHINA GROWS: Industrial metals, particularly copper, also got a lift after China said industrial production growth remained strong in August. China is the world’s largest importer of copper.

OIL RALLY: A major pipeline in the Midwest remained shut down, cutting supply of oil to refineries. That pushed oil prices higher again Monday.