Interesting read. Full link at end. All good for the 3 year trailing price.

“Sales of copper to China are currently at the highest we have seen over the past year,” a senior executive at a large trading house told the FT. “Credit is easing in China and that correlates at a later stage with stronger growth.”

The change in credit conditions in China, the largest consumer of commodities from iron ore to soyabeans, has helped to reverse the gloomy sentiment among natural resources investors that took hold in the final months of last year.

Copper, one of the sector bellwethers which counts on China for 40 per cent of its demand, has rallied 16 per cent in the past six weeks and on Wednesday touched a four-month peak of $8,455.25 a tonne."

http://www.ft.com/intl/cms/s/0/2e6244d0-477b-11e1-9a92-00144feabdc0.html?ftcamp=rss&ftcamp=crm/email/2012125/nbe/InTodaysFT/product#axzz1kWTNhzCh