(Bloomberg) -- Copper rose in New York after imports into China, the world's biggest consumer of the metal, surged 61 percent in the year's first four months.
China imported 1.08 million metric tons of copper and copper products from January through April, according to preliminary data issued today by the Beijing-based customs office. Imports in April jumped 68 percent to 304,672 tons from a year earlier. Copper futures have climbed 23 percent this year on speculation that China's economic growth will boost demand.
Read more at Bloomberg Commodities News
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