Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg
Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg

Copper under pressure but analysts see support from strategic buying

Although mainland imports are slowing amid tighter credit, prices are seen benefiting from strategic reserve purchases and power grid plans

Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg
Refined copper imports fell for a second month in June to a 13-month low amid an investigation into the Qingdao scandal. Photo: Bloomberg
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