LME Market: Three-month copper on the London Metal Exchange (LME) fell in a quiet trading session on Monday. The profit-taking copper fell from a 16-year high. Today is also the day before the LME held its annual meeting this week. In the afternoon, the second round of copper trading in the afternoon closed at 3,121/25 US dollars per tonne, which was lower than the composite transaction closing price of 3,145 on the evening market last Friday. In the previous Asian market, the copper hit a level of 3,177.50 once, which is a relatively high level since January 1989. A trader said: "The overall deal was very quiet. The copper was profitable early in the period." But traders said that the copper market was due to Chile's state-owned copper company Codelco's larger copper mine, and Atlantic Copper's refinery in Spain. Strikes received support. Another trader said: "Like a strike in Chile and Spain on the occasion of a decline in LME stocks, both gave support to the market." Codelco said on Sunday that the three-day strike has not yet affected production. Employers and trade unionists Said that the strikers on Monday held a one-day strike in the plan and closed Atlantic Copper's refinery in Huelva, Spain. This was the second time in three days. Excluding zinc, most of the other base metals were lower during the delayed trading. Large buyers leave the market and many market participants leave due to this week's LME meeting. Copper is expected to be supported when the recent upside breaks near 3,100 and 3,080. The upside target was set in 1989. 3,280 The dollar recorded highs. The three-month aluminum closed at $1,856, which was $24 lower than the closing price of the composite market late last Friday. COMEX Copper: Copper futures on the New York Mercantile Exchange (COMEX) closed lower on Monday on profit-taking pressure but fell slightly. Dealers said that two strikes and a decline in copper stocks supported copper prices. The United States coincided with Columbus Day on Monday, so the market was light and the London Metal Exchange (LME) held its annual meeting in London, so the market almost went empty. Indicator December copper closed down 0.10 cents at $1.4685 per pound, and the intraday trading range ranged from $1.46 to $1.48. December's December copper closed at 1.4820, the first high since 1988. Spot month October copper closed at $1.4735 per pound, and other monthly contracts fell from a low of 0.85 to 0.10 cents. The world’s largest copper producer Chile’s state-owned copper company Codelco said on Monday that the three-day strike held by its larger copper mine did not Impact on production but supply disruption The threatened copper rose to a 16-year high last Friday and was close to its previous high in early trading on Monday. Workers of the Freemont-McMoRan's Spanish refinery, Atlantic Copper, went on strike. This was the second time in three days. However, the company did not meet with three other companies on Monday. The strike factory signed an agreement. The estimated trading volume was 7,000, which was far below the 12,387 last Friday. The continuous decline in copper inventories also helped copper prices.