Copper Falls the Most in Two Weeks on Reduced Imports of Metal Into China

Base Metals Investing

Bloomberg reports that Copper fell the most in two weeks as imports tumbled to a one-year low in China.

Bloomberg reports that Copper fell the most in two weeks as imports tumbled to a one-year low in China.

The market news is quoted as saying:

Inbound shipments of copper and products fell 26 percent from the prior month to 273,511 metric tons in October, the country’s customs office said today. Price have surged more than fivefold since the end of 2002 as miners struggled to keep up with surging demand from China and other emerging economies.

Click here to access the entire news

The Conversation (0)
×