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Chinese Copper Imports in September up by 10%

Metal News - Published on Wed, 16 Oct 2019

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General Administration of Customs data showed that China’s of unwrought copper, including anode, refined and semi-finished copper products copper imports in September rose by 10.15% MoM to 445,000 tonnes but down 14.6% from a bumper 521,000 tonnes in September last year, which was the highest monthly total since March 2016.

Mr Yang Changhua, copper analyst with research house Antaike said that “The comparison between Shanghai and London prices provided more favourable conditions for copper imports, adding that demand for unwrought copper also increased as copper scrap supplies fell recently.

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Posted By : Rabi Wangkhem on Wed, 16 Oct 2019
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