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Print Print edition: 2012-04-11

Shanghai copper slips

Published Updated

The most-active February copper contract on the Shanghai Futures Exchange dipped 0.8 percent to close at 59,370 yuan ($9,400) per tonne on Tuesday. China's imports of copper fell 4.6 percent to 462,182 tonnes in March from 484,569 tonnes in the previous month, data from the General Administration of Customs showed. Analysts said this was a reflection of weaker real demand for the metal and a decrease in copper financing deals in China.

Copyright Reuters, 2012

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