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He said China's strong economic growth had raised demand for refined copper last year.
The company accounted for 16 percent of China's refined copper production in 2007.
October's imports of refined copper should fall by about 10 percent.
China accounts for around 40 percent of global refined copper demand.
The new policy will certainly support refined copper prices by driving up the cost of scrap.
Final data, including a breakdown of refined copper, will be released later this month.
Imports should include about 90,000 tonnes of term refined copper.
Refined copper output should reach 3.8 million tonnes this year.
More exports of refined copper could cool global prices,' the official said.
The total production and stock of refined copper cannot be estimated solely from these data.
The firm said it would try to maintain normal output of refined copper.
China's refined copper imports rose 168pc to a record 2.1m tonnes in the first seven months of this year.
Total production was 38.2 million pounds of refined copper.
China's imports of refined copper fell 31 percent in April from a year ago, according to customs data.
But a company source said the firm could lose refined copper production by about 1,000 tonnes in August.
That could keep the firm's refined copper production in 2009 from falling below this year's output.
The unit produced 105.6 million pounds of refined copper.
Refined copper imports fell by 19 percent in the first quarter versus a year ago, data showed.
We need more concentrate and scrap rather than refined copper,' Wu said.
There's enough refined copper demand in China, it's still sellable.
The company is South Africa's largest producer of refined copper.
The chance that Chinese prices will surpass the cost of refined copper imports is growing.
Wang's estimated refined copper imports would be about 15 percent higher than August's.
It produces less than a third of concentrate and scrap for its refined copper production.
Below is a list of refined copper producers' operations.