from what i gather from bloomberg commodities there seems to have been a shortfall in orders for copper from china for a few months,lots of reasons and opinions why incl-big industries shutdown during olympics,still ongoing-using stocks,which has put the copper price under more pressure. lots of views but more and more people seem to think that china will have to start ordering during the last 1/4 and will force copper up,which as you say should be when cmr hits strong production-word on which is overdue
CMR Price at posting:
58.5¢ Sentiment: Buy Disclosure: Held