(Bloomberg) -- Copper prices in Shanghai rose on
reduced supply of the metal for immediate delivery in China, the
world's biggest consumer, and amid continued threats to output
from strikes in Latin America.
China's refined copper imports, which have fallen month-on-
month since March, fell 6.1 percent in June, less than expected
amid speculation that the state may have bought the metal for its
reserves. Chile's Codelco, the world's biggest copper miner, said
yesterday that a labor protest and bad weather had reduced output.
Read more at Bloomberg Commodities News
reduced supply of the metal for immediate delivery in China, the
world's biggest consumer, and amid continued threats to output
from strikes in Latin America.
China's refined copper imports, which have fallen month-on-
month since March, fell 6.1 percent in June, less than expected
amid speculation that the state may have bought the metal for its
reserves. Chile's Codelco, the world's biggest copper miner, said
yesterday that a labor protest and bad weather had reduced output.
Read more at Bloomberg Commodities News
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