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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (38459)6/11/2009 7:52:02 PM
From: LoneClone  Read Replies (1) | Respond to of 195238
 
China May copper imports hit record for 4th month
(Reuters)
Updated: 2009-06-11 13:35

chinamining.org



China's May imports of unwrought copper and semi-finished copper products hit a fresh high for the fourth straight month on continued arbitrage trade, though domestic consumption waned ahead of low seasonal demand in the summer.

Imports of unwrought aluminium and semi-finished aluminium products in May dropped 24.6 percent on the month due to reduced arrivals of booked arbitrage imports for primary aluminium after record inflows in April.

China, the world's top consumer of copper and aluminium, imported 422,666 tonnes of unwrought copper, including anode, refined and alloy, and semi-finished products, in May, up 5.7 percent from April's record 399,833 tonnes, data from the General Administration of Customs showed on Thursday.