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Flash: China's unwrought copper import up 16%, copper ore import up 25% in Jan
China imported 443,000 mt of unwrought copper and copper-fabricated products in January, up 16.1% from the same month last year, according to customs data.
SHANGHAI, Feb 8 (SMM) – China imported 443,000 mt of unwrought copper and copper-fabricated products in January, up 16.1% from the same month last year, according to customs data.
However, this was down from 450,000 mt in December 2017, marking a decline for two consecutive months. This is due to limited construction activities in the winter season as well as a high output rate at home.
Separately, China imported 1.62 million mt of copper ore last month, up 24.9% year on year. This compared with 1.65 million mt recorded in December 2017.
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