Copper prices hit their highest in more than a month on Tuesday, lifted by firm demand in top consumer China, declining inventories and hopes that mediators can revive a ceasefire in the Iran war. Benchmark three-month copper on the London Metal Exchange gained 1.7% to $13,851 a metric ton by 0915 GMT for its strongest since June 15. “Copper is being pulled higher by a tightening Chinese market. Stocks are falling, import premiums are surging and physical demand has remained stronger than expected despite the seasonal slowdown,” said ING commodities strategist Ewa Manthey. The most traded copper contract on the ... (full story)