Copper prices climbed to their highest level in more than a week on Tuesday, supported by ongoing outflows to U.S. inventories, though weaker demand prospects from top metals consumer China capped the gains. Benchmark copper on the London Metal Exchange was up 0.8% at $10,855 a metric ton in official open-outcry trading after hitting $10,949, its highest since November 13. Copper stocks in the LME-registered warehouses are down 42% so far this year amid outflows to the Comex copper stocks which keep on rising after hitting a record high in recent days. This activity saw the premium for the LME cash copper contract ... (full story)