China’s imports of Australian copper concentrate fell by 34% to 26,717 tonnes in November, the lowest level since January 2017, according to the data released by the General Administration of Customs. The imports dropped as the Chinese government instructed companies not to purchase copper ore and concentrate from Australia because of souring relations between the two countries. Copper is one of Australia’s top exports along with iron ore and gold. As such, the decline in exports to China, the world’s biggest commodity importer, and the second-largest economy, could be called an AUD-bearish development. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY: Options market shows strongest bearish bias since January FX Street 1 year China's imports of Australian copper concentrate fell by 34% to 26,717 tonnes in November, the lowest level since January 2017, according to the data released by the General Administration of Customs. The imports dropped as the Chinese government instructed companies not to purchase copper ore and concentrate from Australia because of souring relations between the two countries. Copper is one of Australia's top exports along with iron ore and gold. As such, the decline in exports to China, the world's biggest commodity importer, and the second-largest economy, could be called an AUD-bearish development. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
