Chinese Copper Output Jumps to Six-Month High as Capacity Grows - 26.09.2016

Chinese Copper Output Jumps to Six-Month High as Capacity Grows


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China, the world’s top producer of refined copper, boosted output to the highest level in at least six months as domestic smelters expanded capacity amid favorable margins.Production climbed to
743,000 metric tons in August from 722,000 tons a month earlier and 663,000 tons last year, according to data from the National Bureau of Statistics on Monday. Output rose 8.7 percent to a
record 5.5 million tons in Jan - Aug, data showed.