PREVIEW-China April copper imports likely held at record high

China's imports of unwrought copper and semi-finished copper products in April likely remained at or above March's record high, as a pick-up in end-user demand added to arbitrage trade and state stockpiling.

But April's imports of aluminium including primary, alloy and semi-finished products are expected to surge from March's multi-year high in April. Inflow of primary metal is expected to come in above 200,000 tonnes -- more than double the previous month -- because of attractive import margins.

China, the world's top consumer of copper and aluminium, will release April figures next Monday, but the inflow of refined copper and primary aluminium, indication of consumption in the country, will only be announced in late May.

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