Chinese Copper Buyers May Increase Imports By 60%, Bayin Says
China’s manufacturers, the world’s largest copper consumers, may increase imports by as much as 60 percent after a price slump, trader Bayin Resources Co. said.
Imports of refined copper may jump to between 100,000 metric tons and 120,000 tons a month, Frank Zhou, deputy manager of Bayin’s copper division, said today in an interview from Shanghai. [...]