Thursday, January 6, 2011

COPPER THE BIG UNKNOWN IN CHINA DEC COMMODITY IMPORTS

HONG KONG/BEIJING, Jan 5 (Reuters) - China's copper  imports faced pressure from poor arbitrage trading in  December, but shipments into warehouses for delivery in later  months could still give the market a surprise when trade  figures are published on Monday. 

Preliminary data from China's General Administration of Customs is also expected to show strong imports of oil, soybeans and iron ore in December as well as a $190 billion overall surplus for the full year.

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