BEIJING: China imported 11.87 million tonnes of copper concentrate through 2014, up 17.75% over 2013, Customs data show. High spot TC/RCs for the raw material were among the major contributors to the increased import volumes. Moreover, the high price of scrap copper pushed some secondary copper smelters to blister copper instead.
The resultant boom in blister copper production further incentivized copper concentrate consumption.
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