A bit of inside baseball from Standard Bank sheds light on the distortions in the copper market...

|By:, SA News Editor

A bit of inside baseball from Standard Bank sheds light on the distortions in the copper market from the Chinese practice of buying the metal on credit in order to borrow against it to invest in higher yielding assets. Warehouses in China are overflowing and Standard is bearish on the price. JJC -1.5%. FCX +1.0%.