According to online data from the General Administration of Customs, China's copper cathode imports in August were 307,200 mt, down 8.17% MoM and up 11.14% YoY. The Democratic Republic of the Congo remained the largest supplier with 126,300 mt, down 11.55% MoM and up 26.49% YoY. Russia was the second largest supplier with 25,200 mt, down 17.56% MoM and up 173.10% YoY. The SHFE/LME price ratio showed signs of improvement in late August, but remained unprofitable for most of the time.
Data source: General Administration of Customs
