The copper market may have found support as a result of the European Central Bank rate cut, as well as ideas that the G20 would help to keep the Euro zone intact. While copper at times this week heard talk that the People's Bank of China might be poised to back off from aggressive tightening policies, the flow of news from China this week was not seen as having a positive effect on copper prices. With a weekly Shanghai copper stocks showing an increase of 10,000 tons and the weak Chinese PMI readings earlier in the week, many traders think that the Chinese influence on copper prices has been negative. LME Copper Stocks were 417,850 tons, down 4,275 tons.