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Message: China’s Copper Imports Jump to Record

http://www.bloomberg.com/news/2014-02-12/china-s-copper-imports-jump-to-record-amid-funding-demand.html

China’s Copper Imports Jump to Record Amid Funding Demand

Refined copper imports by China, the biggest metals consumer, reached an all-time high last month as demand to use the metal as a means to get funding spurred purchases amid tight credit.

Arrivals of unwrought copper and copper products advanced 53 percent to 536,000 metric tons from a year earlier, the General Administration of Customs said in a statement today. That was 21 percent higher from a month earlier, according to data compiled by Bloomberg.

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