China’s September copper concentrates, copper metal imports at half-year high

China’s copper ore and concentrates imports for September hit a half-year high due to restocking demand before annual contract negotiations start and smoother production at the world’s major mines.

Unwrought copper and copper-fabricated products imports also climbed to the highest since March as more demand shifted from scrap to refined copper amid the country’s tightening waste import measures. China imported 1.47 million tonnes of copper ore and concentrates in September, the highest since March, when 1.63 million tonnes was brought into the county. September’s volumes were 2% higher month on month and 6% higher year on year, according to preliminary customs data released on Friday October 13. Higher imports of concentrates were driven by stockpiling demand from smelters preparing for the annual treatment and refining charge (TC/RC)...

Published

Kiki Kang

October 13, 2017

09:49 GMT

Shanghai