Chinese exports of refined copper slide 65.3% in June

Jul 23, 2012 | 11:11 AM |

Tags  Chinese exports, Chinese imports, copper, refined copper, copper prices, copper concentrate, LME

SHANGHAI, China — China’s refined copper exports fell 65.3 percent in June as Chinese smelters halted deliveries after London Metal Exchange copper prices declined.

Refined copper exports hit 35,477 tonnes last month, down from a record 102,374 tonnes in May, when Chinese smelters pledged to export in order to unwind short positions on the LME, according to Chinese customs figures.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center