LME inventories and PriceLME inventories can be boosted rather quickly if a producer has been storing copper. However at these prices I am doubting that any producers were holding back any production.
The copper price has rebounded back to over $1.35 again and is showing consistant strength. Who knows, maybe there is a big conspiracy to make the copper price artificially high so we buy copper stocks are buying and those in the know are selling. I don't believe that and that is why I am still holding AUR, most rock solid stock investment I own.
CHEERS
SKLASSEN