Why China Unwrought Copper and Copper Semis Imports Down in January-July? SMM Reports

SHANGHAI, Aug. 8 (SMM) – According to China Customs, China imported 390,000 tonnes of unwrought copper and copper semis in July, up 8.3% YoY.

China Copper Ore Imports Transit Lianyungang Slump January-July

The imports fell 15.2% YoY to 2.62 million tonnes in the first seven months of 2017.

Profitable import window closed at the most time in January-July 2017, the main factor behind reducing imports. Imported copper was under losses throughout July and widened at the end of month.

SMM Yangshan Copper Premiums Reach This Year’s Peak

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.