Bob Iaccino analyzes recent price action in Dec Copper futures, which advanced for a third consecutive session to gain nearly 4% and mark the highest close since Oct. 14. The discussion highlights how a rebound in artificial intelligence equities has renewed market attention on infrastructure spending, including data centers and power grids that require substantial copper supplies. In addition, physical market tightness in China is providing further support, with the Yangshan premium reaching its highest level in nearly 13 years, Chinese September copper imports increasing 20.7% month over month to 461,000 metric tons and overseas warehouse inventories falling more than 25% amid smelter maintenance.
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