China Copper Imports Slump to 20-Month Low on Holidays
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Copper imports by China tumbled to the lowest level in 20 months as a week-long holiday slowed customs procedures amid high local inventories.
Inbound shipments of refined metal, alloy and products were 298,102 metric tons last month, the General Administration of Customs said on its website today. That compares with 351,000 tons in January and 484,569 tons a year earlier, according to data compiled by Bloomberg.