COPPER
A rash of production cuts by copper miners will strengthen their hand next week when talks with China's powerful smelting industry on 2016 processing fees kick off in earnest in Shanghai. The stage is set for a bitter contest between global miners such as Chile's Codelco and smelters such as Jiangxi Copper over the fees that miners pay smelters to turn ore into metal, with copper prices near six-year lows amid waning Chinese demand growth.
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