AIS - EW Chart, page-927

Big problems with power supply and prices in China. Many smelters being shut down or production severly reduced.
Price of copper falls to US$4.05/lb.
The price of the raw material like copper is falling but the commodities being produced have gone to record highs. Alloys specifically are at all time highs as can be seen on the ZCE commodity exchange.

http://english.czce.com.cn/enportal/Products/NonAgriculture/ferroalloy/H69020207index_1.htm

Copper falls as power shortages grip top consumer China



Publishing date:
Sep 29, 2021  •  
LONDON — Copper prices fell for a second day on Wednesday as a power supply crisis gripped China, the largest metals consumer, shutting factories and casting doubt on the outlook for demand.
Chinese shares fell and the yuan weakened, while Goldman Sachs and Nomura revised down projections for China’s economic growth this year.