Tuesday, May 15, 2007

Copper Gains in London as Chinese Imports Increase; Aluminum and Zinc Fall

(Bloomberg) -- Copper rose the most in six days in London after imports into China, the world's biggest user of the metal, jumped 61 percent in the first four months of the year. Aluminum and zinc declined.

China's imports of copper and copper products from January through April were 1.1 million metric tons, according to preliminary customs data issued today. Imports were 304,672 tons in April alone, compared with a record 307,740 tons in March and 180,980 tons a year ago.


Read more at Bloomberg Commodities News

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