China's imports of unwrought copper, semis in Jul at highest since Feb

SHANGHAI, Aug 8 (SMM) – China's imports of unwrought copper and copper products in July climbed to the highest since February and stood at 420,000 mt, showed data from China Customs on Thursday August 8. 

However, imports in January-July shrank by 11.7% from a year ago, to 2.69 million mt, with import prices averaging 45,500 yuan/mt, down 3.5% on the year. The year-over-year decline in import volumes narrowed from 12.5% in January-June.

Separately, domestic imports of copper concentrate expanded from 1.47 million mt in June, to 2.07 million mt in July. 

Imports of copper concentrate in the first seven months of this year amounted to 12.62 million mt, up 10.8% from the same period in 2018.