Provisional Chinese import data for June was published this morning. It showed that arrivals of refined copper, alloy and products totalled 346,223 tonnes in the month, 18% lower than the level recorded in May, but still higher than the 280,009 tonnes reported for June last year. If we assume that imports of only cathode also fell by 18% from May, then June’s level would have been 255,920 tonnes.
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