Exuberance in the metals complex has taken copper to uncharted waters, with LME 3M copper hitting a fresh high of US$10,747.5/t, whilst aluminium prices briefly traded above US$2,600/t, the highest levels since April 2018. As for China production, the latest SMM survey shows that China’s copper cathode production rose 7.3% YoY and 2% MoM to ...