MT: Chinese copper imports surprise market with 53% jump
China's refined copper imports increased by a larger than expected 53% in March, signalling bullishness. China imported 337,125 tonnes of copper in March, up 116,595 tonnes from February and 13% higher year-on-year, according to customs data. "The gains were totally unexpected, as copper imports were loss-making for most of February," said a physical trader in Shanghai. "Buyers must...
