26.02.2009 - Chinese government buying has and will continue to lift base metals prices out of the cellar
From Mineweb.net: Raw material demand for metals and minerals will be boosted by China's massive infrastructure programs with base metal prices already lifting off their near-term lows in December. In her monthly Scotiabank Commodity Price Index analysis, economist Patricia Mohr noted that "China was a big factor in boosting copper and zinc prices, as the State Reserve Bureau (SRB) bought significant volumes at bargain prices for its ‘strategic ‘ inventories and in support of China's large smelting & refining industry.".... Full Article: Source