LME copper prices opened at $8215/mt and closed at $8309/mt in last Friday trading, a gain of 0.83%, with the low-end of $8183.5/mt and the high-end of $8311.5/mt. Trading volume was 17,000 lots, and open interest stood at 263,000 lots.

On the macro front, on the evening of November 14, the consumer price index, reported by the Bureau of Labor Statistics, climbed 3.2% year over year in October, showing a slowdown compared to September's 3.7% and falling below market expectations.