COMEX Copper futures are seen taking a breather near a fresh ten month highs on Tuesday morning in Asia. The red metal is still seen supported above $5 per pound mark. The metal currently trades at $5.10 per pound, up 0.29% on the day following an over 1% gain in the previous session amid tight global supply-demand scenario. According to a latest update from the ICSG, world apparent refined copper usage and production both grew by about 1% in January 2025. In January 2025, the world refined copper balance, based on Chinese apparent usage (excluding changes in bonded/unreported stocks), indicated a preliminary deficit of about 19,000 tonnes. This compares with a deficit of about 24,000 tonnes in January 2024. On the MCX, the benchmark Copper futures are trading above Rs 900 per kg.