China copper imports fall in April
May 12, 2023 00:00:00
BEIJING, May 11 (Reuters): China's copper imports in April fell 12.5 per cent from the prior year, customs data showed on Tuesday, curbed by weak demand and a jump in domestic production of the metal.
Imports of unwrought copper and copper products totalled 407,294 tonnes in April, according to data from the General Administration of Customs.
The metal, including anode, refined, alloy and semi-finished copper, is used widely in the construction, transportation and power sectors.
Copper demand in the world's second-largest economy softened in April, due to subdued global demand for China's products and persistent weakness in the country's property market.