Copper hit a fresh seven-month high today on the London Metal Exchange on Tuesday December 4 while Chinese smelters were preparing for a meeting at which potential cuts to refined supply will be a talking point.
Copper for three-month delivery on the LME peaked at $6,235 per tonne, its strongest since May 7, before closing at $6,215 per tonne, still up 0.4% from yesterday's 5pm close.But refined copper physical market fundamentals appear to...