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China's imports of unwrought copper and copper products in August were 420,000 tons, down 6.
7% month-on-month and up 7.
69%
year-on-year, the General Administration of Customs of China reported.
Monthly imports in August hit the second lowest level in the year, and were lower than the average import value of 432,500 tons from January to August this year, indicating that as the RMB continued to depreciate, domestic copper import demand fell slightly, and the cumulative import volume of unwrought copper and copper products from January to August was 3.
47 million tons, an increase of 15.
3%
year-on-year.