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Gold/Mining/Energy : Copper - analysis
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To: LoneClone who wrote (1633)3/13/2007 3:12:08 PM
From: Stephen O   of 2131
 
China's imports of copper rose 70 percent in February from the same month last year as traders in the world's biggest consumer of the metal took advantage of cheaper overseas prices to meet rising domestic demand.

The country imported 239,772 metric tons of unwrought copper and copper products last month, compared with 229,077 tons in January, according to preliminary data issued by the Beijing-based Customs office on its Website yesterday. Imports in February last year were 141,076 tons, data compiled by Bloomberg showed. China's year-on-year imports of copper, used in construction and electrical wiring, have been rising every month since December as the country ended a period of using its domestic stockpiles.
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