China copper imports at new high
by Reuters News on 22 May 2009, 07:12 AM
By Polly Yam
HONG KONG, May 22 (Reuters) - China's imports of refined copper rose to a third straight record in April while aluminium inflows more than quadrupled to a new high, data that may stoke concerns that the world's top consumer is overbought.
Flood of imported metal boosted China's month-on-month apparent demand by 9.8 percent on copper, the third consecutive gain to a monthly figure some 50 percent more than last year's average.
China copper imports at new highby Reuters News on 22 May 2009,...
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