(Bloomberg) -- Copper prices fell in Asia after
imports into China, the world's largest consumer of the metal,
stayed high in June, suggesting absorption of the supply may take
longer than expected.
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 yesterday, citing preliminary data. June's imports
were 212,471 tons, up from 172,794 tons a year ago.
Read more at Bloomberg Commodities News
imports into China, the world's largest consumer of the metal,
stayed high in June, suggesting absorption of the supply may take
longer than expected.
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 yesterday, 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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