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Copper Imports by China Slump 47% as Consumers Prefer to Drain Stockpiles
Jun. 21, 2011 03:56PM PST
Base Metals Investing Bloomberg reports that refined-copper imports by China declined to the lowest since level November 2008.
Bloomberg reports that refined-copper imports by China declined to the lowest since level November 2008.
The market news is quoted as saying:
Copper stockpiles monitored by the Shanghai Futures Exchange declined to a 21-month low of 82,309 tons on May 26.