GACC: China unwrought copper, semis imports rise 9% MoM in April

China's imports of unwrought copper and semi-finished copper products rebounded in April from March, while copper concentrate imports declined during the same month, new data released by the General Administration of Customs (GACC) show.

Last month the country imported 452,000 tonnes of unwrought copper and copper semis, marking an 8.7% increase from the 416,000 tonnes cleared by Customs in March, according to the GACC data. Industry sources attribute the rebound to resilient end-user consumption, as the previous drop in copper prices prompted end-users including air