China Refined-Copper Imports Drop Less Than Expected in June, Traders Say

(Bloomberg) -- China's copper imports, the biggest
in the world, fell 6.1 percent in June, declining less than
expected amid speculation the nation's stockpiling agency might
have bought the metal.

Refined copper and alloy imports were 121,991 metric tons
last month, the Beijing-based office said in a statement today,
citing preliminary data. This compares with 129,949 tons in May
and 69,715 tons in June 2006, according to Bloomberg data.


Read more at Bloomberg Commodities News