Chinese May copper imports drop to a 30 month low, 47% below a year ago and 7% below April, as...

|By:, SA News Editor

Chinese 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.