Have made some posts in the past about the bubble in China....

Have made some posts in the past about the bubble in China. Reports now surfacing about Chinese brokers re-selling into market other metals.

Buyer beware:

http://www.marketwatch.com/story/market-talk-china-brokers-re-export-about-10000-tons-copper

MARKET TALK: China Brokers Re-Export About 10,000 Tons Copper
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0716 GMT [Dow Jones] Chinese brokers have re-exported small quantities of surplus copper this month, likely less than 10,000 tons so far, says Singapore-based analyst. However, material yet to show up in any South Korean or other nearby LME warehouses. Concern is that Chinese brokers, construction companies have imported too much copper, enabled by lucrative Shanghai Futures Exchange/LME arbitrage, large increase in bank lending. Surplus copper may now be pushed back into market as industrial activity in summer slows down, contracted material for import no longer attractive because of lack of arbitrage. LME 3-month copper trading at $5,155/ton, up $60 vs PM kerb. (EFB)