(Bloomberg) -- Copper prices fell for a third day
in Asia on concern that China, the world's largest consumer of
the metal, may be oversupplied after imports in June fell less
than traders had expected.
China's imports of copper and copper products were 212,471
metric tons in June, down from 220,561 in May, the Beijing-based
customs office said July 10, citing preliminary data. Still,
imports are up from 172,794 tons a year ago, and rose 52.3
percent to 1.51 million tons in the first half of this year,
compared with a year earlier.
Read more at Bloomberg Commodities News
in Asia on concern that China, the world's largest consumer of
the metal, may be oversupplied after imports in June fell less
than traders had expected.
China's imports of copper and copper products were 212,471
metric tons in June, down from 220,561 in May, the Beijing-based
customs office said July 10, citing preliminary data. Still,
imports are up from 172,794 tons a year ago, and rose 52.3
percent to 1.51 million tons in the first half of this year,
compared with a year earlier.
Read more at Bloomberg Commodities News
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