Copper Conc. Imports at Port of Fangchenggang Rise by One-Fold in Value in Jan.-May on Three Factors

Published: Jun 16, 2017 11:10

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Imports of copper concentrate via the Port of Fangchenggang valued at 9.5 billion yuan during the first five months of 2017, up by one-fold on a yearly basis.

SHANGHAI, Jun. 16 (SMM) – Imports of copper concentrate via the Port of Fangchenggang valued at 9.5 billion yuan during the first five months of 2017, up by one-fold on a yearly basis.

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The surge was due mainly to following three factors. First, domestic large copper producers have made breakthrough in overseas ore mining projects. Second, Jinchuan Group’s project in Fangchenggang poses big demand for copper ore. Third, the optimization of customs service facilities imports.

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