Weaker China collateralized borrowing demand hits Jan-May copper imports: Antaike

摘要

Hong Kong—Weaker demand from China’sncollateralized borrowing sector has cut thencountry’s refined copper imports over January-nMay, state-owned Chinese metals consultancynBeijing Antaike said on July 2.nChina imported 1.09 million mt refinedncopper in January-May, down 33% year onnyear, figures from the General Administrationnof Customs showed. “The reduced demand bynthe collateralized borrowing sector is the keynfactor for lower copper imports in the pastnfive months,” He Xiaohui, a copper analystnwith Antaike said.