Just a cut and paste from the BHP Hot Copper page , not sure if...

Just a cut and paste from the BHP Hot Copper page , not sure if the price will go so low in my opinion.

Adds analyst comment and LONDON dateline, updates prices) Aluminium and copper prices marched higher on Thursday on worries that stoppages due to high energy prices or other disruptions will spur shortages. Benchmark aluminium CMAL3 on the London Metal Exchange gained 1.5% to $2,268 a tonne by 1040 GMT, while copper CMCU3 advanced 1.5% to $7,739. "We are seeing output cuts in Europe so the potential is high for a squeeze higher in base metals prices, especially in aluminium, since it is so energy intensive," said Gianclaudio Torlizzi, partner at consultancy T-Commodity in Milan. "We are in a situation where we don't have a push from consumption to get a spike in prices, because more cuts will be coming, the energy crunch is far from over in Europe." European smelters are estimated to have cut an annualised 800,000 to 900,000 tonnes of aluminium production since energy prices began to rise last year.Torlizzi said LME aluminium was getting an added boost because a physical arbitrage window from the LME to China had opened for the first time in many months. Indonesian President Joko Widodo reiterated that his country will stop exporting raw copper, bauxite and tin to help it jump up the value chain.