Sunday, July 15, 2007

China's June Refined-Copper Imports Drop Less Than Expected, Traders Say

(Bloomberg) -- China's refined-copper imports, the
biggest in the world, fell 6.1 percent in June, declining less
than expected amid speculation that the country's stockpiling
agency might have bought the metal.

Refined copper and alloy imports were 121,991 metric tons
last month, the Beijing-based customs office said in a statement
today, citing preliminary data. That compares with 129,949 tons
in May and 69,715 tons in June 2006, according to Bloomberg data.


Read more at Bloomberg Commodities News

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