Commodity Alert: China copper imports fall 2.2 pct m/m to 440,000 T in January
China’s unwrought copper imports fell for a second straight month in January as winter restrictions on the construction sector and high domestic production rates continued to crimp demand for metal from overseas. Last month’s imports of unwrought copper, which includes anode, refined, and semi-finished copper products, stood at 440,000 tonnes, according to data from the General Administration of Customs .That is down 2.2 percent from December’s 450,000 tonnes but up 15.8 percent from 380,000 tonnes a year ago.
(Impact: Negative for Copper)
Source:Reuters
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