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Why China Unwrought Copper Exports Surge Jan.-Nov. after November’s Hitting Lowest from January? SMM Reports

iconDec 21, 2016 15:40
Source:SMM
China’s exports of unwrought copper (including copper alloy) were the lowest from January in November, according to China Customs data released December 21. But combined exports during the first eleve

SHANGHAI, Dec. 21 (SMM) - China’s exports of unwrought copper (including copper alloy) were the lowest from January in November, according to China Customs data released December 21. But combined exports during the first eleven months of the year surged.

Exports of unwrought copper jumped over one-fold year-on-year during January-November. This is because several large traders and smelters made deliveries actively in a few months due to export profit, SMM said.

Unwrought copper exports were 10,552 tonnes in November, only more than half of the same period of last year. 

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