Copper traded in London decreased on Monday as a result of weaker demand amid speculations that the Chinese government will increase its interest rates in order to slow down the country's inflation which reached a 10-month high for the first time since 2011. Copper for June delivery dropped 0.2% to $7,643.50 a metric ton earlier on Monday session, but it went up by 0.7% after a Cyprus agreed on new bailout plan.