China May copper imports fall 10pc on prior month

BEIJING: China's unwrought copper imports fell 9.9pc from the previous month to 365,000 tonnes in May, Reuters calculations based on customs data showed on Monday, in a bearish sign for economic growth in the world's top consumer of the metal.

Arrivals of unwrought copper, including anode, refined and semi-finished copper products for the first five months of the year came to 1.95 million tonnes, the General Administration of Customs data showed.

May imports were down from 405,000 tonnes in April and down 22pc from 470,000 tonnes in May 2018.