Chinese copper, alumina and aluminum imports fall

Jul 12, 2010 | 01:27 PM |

Chinese copper, aluminum and alumina imports fell in June from the previous month.

Copper imports dropped for a third consecutive month in June due to the summer lull in demand and the lack of arbitrage.

"The closed arbitrage window (between Shanghai and LME copper) is a key reason," said a physical trader in Shanghai. "Meanwhile, due to the summer season, it is fundamentally a weak market as well."....

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