Copper Market Report July 2013
2013-08-19 18:11:19 【Print】
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Content
Introduction 3
1 Financial overview 4
1.1 Domestic financial overview 4
1.1.1 CPI up by 2.7% and PPI down by 2.7% YOY in June 4
1.1.2 PMI up slightly by 50.3% in July 4
1.2 International financial overview 5
1.2.1 Crude oil prices up with turbulent political scene in Egypt 5
1.2.2 US dollar index fell back 6
1.2.3 Nonferrous metal prices hovered at the lowest level and to rebound soon 7
2 Copper futures on the LME fluctuate within a wide range 8
3 Chinese domestic market overview 10
3.1 Copper prices in China stop falling and rebound slightly 10
3.2 Thin trading in copper concentrate market 11
3.3 Copper rod market climbs up 12
3.4 Copper scrap supply still tight in China 13
4 Monthly production data 13
4.1 Global refined copper output analysis 13
4.1.1 Global copper in surplus of 264,900 tons in Jan-May 2013 13
4.1.2 Chile Cuts Copper Production Forecast For 2013 14
4.1.3 Chinese refined copper output in June up by 10% YOY 14
4.2 Chinese copper concentrate output analysis 15
4.3 Copper product output in China 15
5 Import and export data 16
5.1 Refined copper import data in China 16
5.2 Copper concentrate import data in China 17
5.3 Copper product import data in China 18
5.4 Copper scrap import data in China 19
6 Company news 21
6.1 Company news from copper refineries 21
6.1.1 Penghui Copper increases copper production 21
6.1.2 Jiangxi Copper reduces production for maintenance 21
6.1.3 Southern Copper lowers copper production forecast to 640,000 tons for 2013 22
6.2 Company news from copper rod plants 22
6.2.1 Huaxin Nonferrous Metal to reduce copper rod produciton 22
6.2.2 Jiangrun’s copper rod production declines 22
6.2.3 Dawufeng Copper to add a furnace of copper rod 22
6.2.4 Xinke New Material to advance copper rod production sharply 23
7 Related industry developments 23
7.1 Sales volume of air-conditioning in July up YOY 23
7.2 Real estate land supply increases in China 23
8 Outlook for next month 23
Introduction 3
1 Financial overview 4
1.1 Domestic financial overview 4
1.1.1 CPI up by 2.7% and PPI down by 2.7% YOY in June 4
1.1.2 PMI up slightly by 50.3% in July 4
1.2 International financial overview 5
1.2.1 Crude oil prices up with turbulent political scene in Egypt 5
1.2.2 US dollar index fell back 6
1.2.3 Nonferrous metal prices hovered at the lowest level and to rebound soon 7
2 Copper futures on the LME fluctuate within a wide range 8
3 Chinese domestic market overview 10
3.1 Copper prices in China stop falling and rebound slightly 10
3.2 Thin trading in copper concentrate market 11
3.3 Copper rod market climbs up 12
3.4 Copper scrap supply still tight in China 13
4 Monthly production data 13
4.1 Global refined copper output analysis 13
4.1.1 Global copper in surplus of 264,900 tons in Jan-May 2013 13
4.1.2 Chile Cuts Copper Production Forecast For 2013 14
4.1.3 Chinese refined copper output in June up by 10% YOY 14
4.2 Chinese copper concentrate output analysis 15
4.3 Copper product output in China 15
5 Import and export data 16
5.1 Refined copper import data in China 16
5.2 Copper concentrate import data in China 17
5.3 Copper product import data in China 18
5.4 Copper scrap import data in China 19
6 Company news 21
6.1 Company news from copper refineries 21
6.1.1 Penghui Copper increases copper production 21
6.1.2 Jiangxi Copper reduces production for maintenance 21
6.1.3 Southern Copper lowers copper production forecast to 640,000 tons for 2013 22
6.2 Company news from copper rod plants 22
6.2.1 Huaxin Nonferrous Metal to reduce copper rod produciton 22
6.2.2 Jiangrun’s copper rod production declines 22
6.2.3 Dawufeng Copper to add a furnace of copper rod 22
6.2.4 Xinke New Material to advance copper rod production sharply 23
7 Related industry developments 23
7.1 Sales volume of air-conditioning in July up YOY 23
7.2 Real estate land supply increases in China 23
8 Outlook for next month 23
