GACC: China's unwrought copper, semis imports jump 21% MoM in September

China's imports of unwrought copper and semi-finished copper products encompassing cathodes, rods, tubes, sheets and foil rebounded to 461,000 tonnes in September, marking an on-month surge of 20.7%, data from China's General Administration of Customs (GACC) published Wednesday show. However, the volume was down 5% on year.

The on-month jump followed two consecutive months of declines and came as losses borne by Chinese importers lessened, Mysteel Global notes. In August, persistent losses on imports of fabricated items had dampened buying interest among traders. Last month, the import window – the spread that determines whether importing copper and