China Copper Imports Jump 29% on Month, Slump 33% on Year
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Copper imports by China, the largest consumer, climbed 29 percent in March from a two-year low as fabricators stepped up production. Shipments fell 33 percent from the same month last year.
Inbound movements of copper and products were 304,299 metric tons compared with 235,469 tons in February and 456,240 tons in March 2010, according to the General Administration of Customs. The February level was the lowest since January 2009.