China's copper imports rose 12.1% in November from the previous month to th...
BEIJING - China’s copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand.
Imports of unwrought copper including anode, refined and semi-finished copper products into China stood at 483,000 tonnes last month, data from the General Administration of Customs showed on Sunday. That was the highest since September 2018.For the first 11 months of 2019, imports of unwrought copper were down 8.5% from a year earlier at 4.45 million tonnes.
China’s overall copper imports during the fourth quarter are expected to rise, especially amid low inventory levels, Minmetals and Jingyi Futures metals analyst Wu Kunjin said. Copper stocks in bonded warehouses in China SMM-CUR-BON have been declining since June and were at 245,500 tonnes on Nov. 30, the lowest since at least June 2013, according to Refinitiv Eikon data.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China November iron ore imports down for second month as top miners ship lessChina's iron ore imports fell for a second straight month in November, cust...
Leer más »
China November iron ore imports down for second month as top miners ship lessChina's iron ore imports fell for a second straight month in November, cust...
Leer más »
China November exports fall, but import growth hints of recovering demandChina's exports in November shrank for the fourth consecutive month, unders...
Leer más »
China November crude oil imports hit record high as refiners race to use up quotasChina's crude oil imports hit a record high on a daily basis in November, a...
Leer más »
Uighur in Netherlands: I leaked documents on China re-education campsA middle-aged Uighur woman living in the Netherlands tells a Dutch paper that she was a source who leaked secret Chinese documents, which were the foundation of stories last month by NBCNews and journalists around the world, and now fears for her safety.
Leer más »
China waiving tariffs on soybeans and pork could help farmers and boost U.S. exportsThe move comes as particularly good news for soybean farmers, who have seen a huge share of their market dry up since July 2018.
Leer más »