Fake Commodity PricesTypical Chinese jiggery-pokery; they can't run their smelters because there isn't enough concentrate. Treatment charges are so low they are losing money. Now they are saying look at the piles of metal in Shanghai. Yes, they consume a lot of metal but, on the other hand, they export a lot of manufactured goods to a fast-growing world. This is but a temporary blip on a multi-year copper UP trajectory. It's not going to take very much to get things rebalanced.