(Bloomberg) -- Copper prices fell in Asia, reversing
earlier gains after China imported more than expected in June,
fueling concern that the world's biggest consumer of the metal
may take time to absorb the supply.
China's imports of copper and copper products rose 52.3
percent to 1.51 million metric tons in the first half of this
year, compared with a year earlier, the Beijing-based customs
office said today, citing preliminary data. June's imports were
212,471 tons, up from 172,794 tons a year ago.
Read more at Bloomberg Commodities News
earlier gains after China imported more than expected in June,
fueling concern that the world's biggest consumer of the metal
may take time to absorb the supply.
China's imports of copper and copper products rose 52.3
percent to 1.51 million metric tons in the first half of this
year, compared with a year earlier, the Beijing-based customs
office said today, citing preliminary data. June's imports were
212,471 tons, up from 172,794 tons a year ago.
Read more at Bloomberg Commodities News
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