China copper imports drop to 21-month low in Oct as demand wanes

8th November 2016 By: Reuters

BEIJING – China's imports of copper fell 14.7% from a month ago to 290 000 t in October, its lowest since February 2015, General Administration of Customs data showed on Tuesday, as demand from the world's top commodities user continued to slow.

Copper imports to China, the world's leading copper and aluminium consumer, include anode, refined, alloy and semi-finished copper products.

The country exported 350 000 t of unwrought aluminium and aluminium products, including primary, alloy and semi-finished aluminium products, in October, down from September's 390 000 t. That is the second month of declines and the lowest since February.