China’s copper imports set to fall sharply: CRM analyst

Apr 25, 2013 | 02:01 PM | Andrea Hotter

Tags  copper, copper imports, China copper, Nicholas Sarro-Waite, Commodities Risk Management Associates, CRM, Andrea Hotter

WASHINGTON — Chinese copper imports are set to drop sharply as the country rebalances its economy after a booming period of growth, an analyst at Commodities Risk Management Associates (CRM) said.

Copper imports in recent years have been sitting in warehouses for financing purposes, but have since been re-exported to London Metal Exchange warehouses, Far Hills, N.J.-based CRM’s Nicholas Sarro-Waite said.....

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