The copper market service short term outlook (STO) is published monthly and provides a forecast of copper supply and demand fundamentals over the next two years.Three month copper prices have settled in a range of between $5500/t to $6000/t through December. This represents a softening from levels seen during November when copper prices briefly scaled highs above $6 000/t. A stronger dollar and some profit taking have weighed on prices. Meanwhile sizeable deliveries of metal into exchange warehouses over recent weeks have also negatively impacted sentiment. The deliveries have predominantly flowed into LME Asian warehouses in addition to LME and Comex sheds in the United States.