COMEX copper pulled back slightly in early Asia on Tuesday after hovering around a four month high. The metal has soared recently amid sustained weakness in greenback and positive cues from equities. However, a modest pullback on Wall Street partly reflecting profit taking following recent strength in the markets, which saw the Nasdaq and S&P 500 reach their best closing levels in a month last Friday, weighed on the counter. The Dow fell 215.67 points or 0.5 percent to 47,739.32, the Nasdaq edged down 32.22 points or 0.1 percent to 23,545.90 and the S&P 500 decreased 23.89 points or 0.4 percent to 6,846.51. Meanwhile, China's imports of unwrought copper and copper products dropped 2.51% to 427,000 metric tons in November from 438,000 tons the previous month, the data from the General Administration of Customs showed. Currently, the red metal is trading at $5.41 per pound, down half a percent on the day.

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