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.....

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