SHANGHAI Chinas net
imports of refined copper fell to the years lowest level
in March while those of concentrates increased, according to
Chinese customs data released April 22.
Refined copper imports totaled
218,823 tonnes last month, down 1.8 percent from February and
36.7 percent below March 2012 levels.
Exports of refined copper stood
at 60,642 tonnes in March, up 57.2 percent month on month and
more than double the year-ago level.
Imports of copper concentrates
totaled 777,838 tonnes last month, up 14.2 percent month on
month and 41.2 percent higher year on year.
China, the worlds largest copper consumer, is
experiencing what some analysts have called "a rotation in the
composition" of copper imports.
A version of this article was first
published by AMM sister publication Metal