ckruel, i have been keeping a close eye on the WWW.LME.COM since last Sept . The copper inventory was just over 500,000 metric tons at that time. According too news releases, China has liquidated $ 1.6 trillion of US $$ in 2011 and purchased alot of commodities. Asian Analyst suggest that China"s current copper inventory well be sufficient for 8 yrs of infrastructure but require tons more for the 12 yrs of growth. Interesting here is Russia,Qatar and Indaia are committed to holding World sporting events with India holding two having to build complete transmission lines,air,rail all within the next few yrs. Looking back to the nuclear misshap , Japan also has to buy alot of copper at a time the global slowdown has shelved large miners plans reducing production...........................PS" Re: ....LME dropping

DATE		COPPER
	21 Oct 2011 (Data >1 day old)		447800

To-day...

LME Official Opening Stock (in tonnes)

DATE COPPER 1 Feb 2012 329300 .............down 118,000 tns in 3 months..Traps7