The LME doesNOT accurately reflect price or demand. The Chinese tend to move what is already stored into transparent bonded warehousing. see Andy Home's work,.....
http://www.dailymail.co.uk/wires/re...ng-LME-copper-stocks-say-China-Andy-Home.html
Expect a good bounce on Monday from Technical traders, potentially back over 3c. All technically indicators suggest oversold and traders I believe will take to this on Monday. See Bolly and RSI.
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The LME doesNOT accurately reflect price or demand. The Chinese...
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