China's copper imports increase on demand recovery
15 Oct 2020 15:36 reported by Ivy Wei
According to statistics, China's copper imports in September increased to the second-highest level on record, due to a higher demand for metals pushed by the recovering factory activity.
In September, the imports of unwrought copper and copper products went up to around 722,000 tons, of which included anode, refined, alloy, and semi-finished copper products. The figure was up by 8.1% compared to the previous month and 62.3% from the same month a year ago.
Factory activity in China had an obvious improvement in September, and the industrial and construction activities kept picking up the demand for copper demand.
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