China copper imports hit 9 month high in June
Post Date: 12 Jul 2013 Viewed: 375
Reuters reported that China's copper imports in June rose nearly 6 percent from May, climbing for a second straight month to 9 month high as soft global prices and strong demand to use the metal as collateral for financing spurred purchases.
Stronger imports by the world's top copper consumer could help support global copper prices which have fallen more than 14% so far this year on global economic weakness.