Why China Unwrought Copper and Copper Semis Imports Down in January-July? SMM Reports

Published: Aug 8, 2017 15:36

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China imported 390,000 tonnes of unwrought copper and copper semis in July, up 8.3% YoY, and 2.62 million tonnes in the first seven months of 2017, fdown 15.2% YoY.

SHANGHAI, Aug. 8 (SMM) – According to China Customs, China imported 390,000 tonnes of unwrought copper and copper semis in July, up 8.3% YoY.

China Copper Ore Imports Transit Lianyungang Slump January-July

The imports fell 15.2% YoY to 2.62 million tonnes in the first seven months of 2017.

Profitable import window closed at the most time in January-July 2017, the main factor behind reducing imports. Imported copper was under losses throughout July and widened at the end of month.

SMM Yangshan Copper Premiums Reach This Year’s Peak

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SHFE copper LME copper copper prices

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