Copper prices inched upwards as Copper output slumped at Chile's state miner Codelco and BHP's sprawling Escondida mine in November.
Copper stocks in London Metal Exchange-monitored warehouses have slumped by 57.5% since late August, and are currently at 142,900 tonnes.
A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal between the two countries.
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