Tue, 24 Jan 2012 10:28:15 GMT
Barclays: China's copper purchases may fall in Q1
Copper imports in China were firm in December but they are likely to decline in Q1 of 2012, according to Barclays' forecast. Overall refined copper imports approached a record high of 406,937 tons in December. The average monthly import requirement is expected to level off at about 200,000 tons this year amid the saturation of the market.