Monthly Copper Market Report Apr 2024
2024-05-13 08:30:22 【Print】
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Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 Capstone Copper aims Q2 to produce first saleable concentrate at Chilian deposit 3
2.1.2 China vows to boost construction of basic mining infrastructure 3
2.1.3 China's Jan-Feb copper cathode output up by 10.7% YoY 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Copper concentrate 25%min TC CIF China 3
3.1.2 Chinese copper concentrate 20%min price delivered 3
3.1.3 Chinese copper cathode 99.99%min price delivered 3
3.1.4 Chinese copper rod Ф8mm TC EXW 4
3.1.5 Chinese blister copper 98.5%min TC delivered 4
3.1.6 Chinese copper scrap wire 99%min price delivered 4
4. Company News 4
4.1 Dongying Jinxi Copper cuts copper rod production 4
4.2 Jinlong Copper exports and delivers over 30kt of copper in Q1 4
4.3 North Copper's annual mined copper production up by 6.14% 4
4.4 200ktpa copper cathode project breaks ground in Shiyan 4
4.5 Shandong Fangyuan cuts copper cathode output 5
4.6 North Copper's annual mined copper production up by 6.14% 5
4.7 CTM sees increased annual production of copper, cobalt and zinc 5
4.8 Atico's copper quarterly output goes up 5
4.9 Tengyuan Cobalt reports strong growth in annual cobalt and copper production 5
4.10 Dianzhong Nonferrous to build recycled copper project 5
5. Producers Statistics 5
5.1 Chinese refined copper producers 5
5.1.1 Chinese refined copper producers' operating rate up by 4.92% MoM in Mar 5
5.1.2 Chinese refined copper producers' output up by 4.92% MoM in Mar 6
5.1.3 Chinese refined copper producers' inventory up by 29.57% MoM in Mar 6
5.2 Chinese copper rod producers 6
5.2.1 Chinese copper rod producers' operating rate up by 31.21% in Mar MoM 6
5.2.2 Chinese copper rod producers' output up by 31.20% MoM in Mar 7
5.2.3 Chinese copper rod producers' inventory down by 26.37% MoM in Mar 7
5.3 Chinese copper concentrate producers 7
5.3.1 Chinese copper concentrate producers' operating rate up by 3.77% MoM in Mar 7
5.3.2 Chinese copper concentrate producers' output up by 3.56% MoM in Mar 8
5.3.3 Chinese copper concentrate producers' inventory up by 13.63% MoM in late Mar 8
6. Export Statistics 8
6.1 China's copper cathode (Cu<99.9935%) import volume increased 90.69% YoY in Mar 2024 8
6.2 China's copper concentrate import volume increased 15.29% YoY in Mar 2024 9
6.3 China's copper scrap import volume grew 43.09% MoM in Mar 2024 10
7. Relevant Industry News 10
7.1 CMOC's TFM copper-cobalt project reaches full production 10
7.2 Aurubis to expand refined copper capacity in Bulgaria site 10
8. Market Outlook for Next Month 10
8.1 Chinese Market 10
8.1.1 Copper Concentrate 25%min TC CIF China 11
8.1.2 Chinese copper concentrate 20%min price delivered 11
8.1.3 Chinese copper cathode 99.99%min price delivered 11
8.1.4 Chinese copper rod Ф8mm TC EXW 11
8.1.5 Chinese blister copper 98.5%min TC delivered 11
8.1.6 Chinese copper scrap wire 99%min price delivered 11
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 Capstone Copper aims Q2 to produce first saleable concentrate at Chilian deposit 3
2.1.2 China vows to boost construction of basic mining infrastructure 3
2.1.3 China's Jan-Feb copper cathode output up by 10.7% YoY 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Copper concentrate 25%min TC CIF China 3
3.1.2 Chinese copper concentrate 20%min price delivered 3
3.1.3 Chinese copper cathode 99.99%min price delivered 3
3.1.4 Chinese copper rod Ф8mm TC EXW 4
3.1.5 Chinese blister copper 98.5%min TC delivered 4
3.1.6 Chinese copper scrap wire 99%min price delivered 4
4. Company News 4
4.1 Dongying Jinxi Copper cuts copper rod production 4
4.2 Jinlong Copper exports and delivers over 30kt of copper in Q1 4
4.3 North Copper's annual mined copper production up by 6.14% 4
4.4 200ktpa copper cathode project breaks ground in Shiyan 4
4.5 Shandong Fangyuan cuts copper cathode output 5
4.6 North Copper's annual mined copper production up by 6.14% 5
4.7 CTM sees increased annual production of copper, cobalt and zinc 5
4.8 Atico's copper quarterly output goes up 5
4.9 Tengyuan Cobalt reports strong growth in annual cobalt and copper production 5
4.10 Dianzhong Nonferrous to build recycled copper project 5
5. Producers Statistics 5
5.1 Chinese refined copper producers 5
5.1.1 Chinese refined copper producers' operating rate up by 4.92% MoM in Mar 5
5.1.2 Chinese refined copper producers' output up by 4.92% MoM in Mar 6
5.1.3 Chinese refined copper producers' inventory up by 29.57% MoM in Mar 6
5.2 Chinese copper rod producers 6
5.2.1 Chinese copper rod producers' operating rate up by 31.21% in Mar MoM 6
5.2.2 Chinese copper rod producers' output up by 31.20% MoM in Mar 7
5.2.3 Chinese copper rod producers' inventory down by 26.37% MoM in Mar 7
5.3 Chinese copper concentrate producers 7
5.3.1 Chinese copper concentrate producers' operating rate up by 3.77% MoM in Mar 7
5.3.2 Chinese copper concentrate producers' output up by 3.56% MoM in Mar 8
5.3.3 Chinese copper concentrate producers' inventory up by 13.63% MoM in late Mar 8
6. Export Statistics 8
6.1 China's copper cathode (Cu<99.9935%) import volume increased 90.69% YoY in Mar 2024 8
6.2 China's copper concentrate import volume increased 15.29% YoY in Mar 2024 9
6.3 China's copper scrap import volume grew 43.09% MoM in Mar 2024 10
7. Relevant Industry News 10
7.1 CMOC's TFM copper-cobalt project reaches full production 10
7.2 Aurubis to expand refined copper capacity in Bulgaria site 10
8. Market Outlook for Next Month 10
8.1 Chinese Market 10
8.1.1 Copper Concentrate 25%min TC CIF China 11
8.1.2 Chinese copper concentrate 20%min price delivered 11
8.1.3 Chinese copper cathode 99.99%min price delivered 11
8.1.4 Chinese copper rod Ф8mm TC EXW 11
8.1.5 Chinese blister copper 98.5%min TC delivered 11
8.1.6 Chinese copper scrap wire 99%min price delivered 11
