2010 February Cu Imports Data Analysis-Shanghai Metals Market

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2010 February Cu Imports Data Analysis

Data Analysis 11:18:23AM Mar 29, 2010 Source:SMM

SHANGHAI, Mar. 29 (SMM) --

Refined Copper
According to China Customs, China's imports of refined copper were 220.5 kt in February, down 18.61% YoY, but up 11.99% MoM. On a monthly basis, China's imports of refined copper remain high, putting pressure on spot demand. SMM expects China's average monthly imports of refined copper to be approximately 200-220 kt during 2010, given slow recovery of scrap copper imports and growth of demand.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

2010 February Cu Imports Data Analysis

Data Analysis 11:18:23AM Mar 29, 2010 Source:SMM

SHANGHAI, Mar. 29 (SMM) --

Refined Copper
According to China Customs, China's imports of refined copper were 220.5 kt in February, down 18.61% YoY, but up 11.99% MoM. On a monthly basis, China's imports of refined copper remain high, putting pressure on spot demand. SMM expects China's average monthly imports of refined copper to be approximately 200-220 kt during 2010, given slow recovery of scrap copper imports and growth of demand.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn