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Message: Chinese copper imports may be rising defying market belief
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John Redstone of Desjardin also suggests that that "lack of credit in the system" means that some buyers can't get the financing to buy even if they wanted to.

He suggest as credit becomes "available", demand could really see a sharp rebound...even more so as a signficant amount of supply as been curtailed in the last couple of months.

He's watching the Libor-OIS ratio to guage how the system is 'unthawing.'

Trading Day : December 16, 2008 : Base Metals & Stocks [12-16-08 3:15PM]

BNN speaks to John Redstone, analyst, Desjardins Securities.

http://watch.bnn.ca/#clip122171



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