(Bloomberg) -- Copper fell in New York, halting an
eight-session rally, after a report showed imports fell in China,
the world's largest consumer of the metal.
Chinese copper and copper-product imports fell to 212,471
metric tons in June from 220,561 tons estimated for May, the
Beijing-based customs office said today. The country's imports
have been falling month-on-month since March as local stockpiles
built up and prices gained. Still, imports in the first six
months in 2007 were up 52 percent from a year ago.
Read more at Bloomberg Commodities News
eight-session rally, after a report showed imports fell in China,
the world's largest consumer of the metal.
Chinese copper and copper-product imports fell to 212,471
metric tons in June from 220,561 tons estimated for May, the
Beijing-based customs office said today. The country's imports
have been falling month-on-month since March as local stockpiles
built up and prices gained. Still, imports in the first six
months in 2007 were up 52 percent from a year ago.
Read more at Bloomberg Commodities News
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