Friday, March 11, 2011

China copper imports drop again in February

by Commodity Online

World’s largest copper user China’s import of the commodity dipped by 19 percent in February compared to same period last year.

According to statistics released by the General Administration of Customs, China imported 235,469 metric tons of unwrought copper and copper products in February this year.

It said February imports were 35% less than the 364,240 metric tons recorded in January.

The country's imports of copper scrap were 250,000 metric tons last month, and its imports of alumina products were 220,000 metric tons, while it imported 32,589 metric tons of unwrought aluminum.

In the first two months of this year, the country's imports of copper scrap were 610,000 metric tons, down 0.6% year on year, and that of alumina products decreased 47.7% year on year to 570,000 metric tons.

China imported 156,544 metric tons of unwrought aluminum and aluminum products in the period, down 3.3% year on year.

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