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Chinese May copper imports drop to a 30 month low, 47% below a year ago and 7% below April, as...
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Tuesday, June 21, 2011, 7:19 AM ETChinese May copper imports drop to a 30 month low, 47% below a year ago and 7% below April, as fabricators choose to draw down inventories instead of bringing in higher priced product. Given the PBOC's monetary tightening, analysts hedge expectations of the usual 2nd half rebound.
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