Phoenix based Southern Copper declared that it has raised its copper production guidance for 2009 to 490,000 tonne from 470,000 tonne largely thanks to record Q2 red metal production at the Ilo smelter in Peru. For full story, click here
China’s imports of unwrought copper and semi-finished copper products in June hit an all-time record for a fifth straight month of 475,999 tonnes, from May’s record 422,666 tonnes. For full story, click here
India’s copper futures has opened down on Monday on worries Chinese restocking could soon ease with a record level of imports in May, probably the peak for the year. For full story, click here
China’s imports of unwrought copper and semi-finished copper products hit a new record of 422,666 tonnes in May, up from the previous record 399,833 tonnes in April. For full story, click here
Sunday, July 26, 2009