Copper Imports by China Climb as Demand May Recover in March

Copper imports by China, the world’s largest user, advanced by 2.9 percent in January from a month earlier as trading firms bought the metal before Lunar New Year in preparation for a recovery in demand in March.

Inbound shipments of refined metal, alloy and products were 351,000 metric tons last month, the General Administration of Customs said on its website today. That compared with 341,211 tons in December and 413,964 tons a year earlier, according to data compiled by Bloomberg.