Recent losses in the copper market have been significant, as May copper may have already priced in a moderate amount of slowing for both the US and global economy. While some traders might have found some positive factors from the surprise Chinese trade surplus reading overnight, a recent pattern of rising LME copper stocks could be providing additional support to the fears of slowing in the global economy. Other traders are suggesting that copper prices have seen pressure this week because of Chinese slowing fears and from news that Chinese copper imports fell by more than 4% All things considered, copper's slight divergence with the rest of the metals complex this morning may not be that surprising, especially with higher US equity markets and a series of Fed speeches later today.