Monthly Copper Market Report Jul 2024
2024-08-09 14:16:59 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Contents
1. Market Highlights 2
2. Economy and Policy 2
2.1 Economy and Policy 2
2.1.1 China's H1 production of ten nonferrous metals up by 7.1% YoY 2
3. Market Movements 2
3.1 Chinese Market 2
3.1.1 Copper concentrate 25%min TC CIF China 2
3.1.2 Chinese copper concentrate 20%min price delivered 2
3.1.3 Chinese copper cathode 99.99%min price delivered 2
3.1.4 Chinese copper rod Ф8mm TC EXW 2
3.1.5 Chinese blister copper 98.5%min TC delivered 3
3.1.6 Chinese copper scrap wire 99%min price delivered 3
4. Company News 3
4.1 Shanxi stops mining licence extension for below standard mines 3
4.2 Vale to regain Onca Puma nickel mine and Sossego copper mine licences 3
4.3 Lundin Mining increases ownership in Caserones copper-molybdenum project 3
4.4 Golden Deeps posts upgrade in OML vanadium-copper-lead-zinc resources 3
4.5 Anhui Huahui Copper to build 60ktpa copper wire rod project 3
4.6 Amerigo's Chilian MVC copper-molybdenum output exceeds guidance slightly 4
4.7 Alara dispatches third copper concentrate shipment from Al Wash-hi Majaza project 4
4.8 Anhui Jiuyuan gets EIA approval to build copper processing project 4
4.9 Northwest Copper Processing sees record production 4
4.10 First Quantum reports Q2 copper and nickel production 4
5. Producers Statistics 4
5.1 Chinese refined copper producers 4
5.1.1 Chinese refined copper producers' operating rate up by 1.55% MoM in Jul 4
5.1.2 Chinese refined copper producers' output up by 1.56% MoM in Jul 5
5.1.3 Chinese refined copper producers' inventory up by 15.02% MoM in Jul 5
5.2 Chinese copper rod producers 5
5.2.1 Chinese copper rod producers' operating rate down by 0.47% in Jul MoM 5
5.2.2 Chinese copper rod producers' output down by 0.48% MoM in Jul 6
5.2.3 Chinese copper rod producers' inventory up by 11.65% MoM in Jul 6
6. Export Statistics 6
6.1 China's copper cathode (Cu<99.9935%) import volume rose 45.43% YoY in Jun 2024 6
6.2 China's other unwrought copper import volume increased 39.41% YoY in Jun 2024 7
6.3 China's copper scrap import volume decreased 14.51% MoM in Jun 2024 8
1. Market Highlights 2
2. Economy and Policy 2
2.1 Economy and Policy 2
2.1.1 China's H1 production of ten nonferrous metals up by 7.1% YoY 2
3. Market Movements 2
3.1 Chinese Market 2
3.1.1 Copper concentrate 25%min TC CIF China 2
3.1.2 Chinese copper concentrate 20%min price delivered 2
3.1.3 Chinese copper cathode 99.99%min price delivered 2
3.1.4 Chinese copper rod Ф8mm TC EXW 2
3.1.5 Chinese blister copper 98.5%min TC delivered 3
3.1.6 Chinese copper scrap wire 99%min price delivered 3
4. Company News 3
4.1 Shanxi stops mining licence extension for below standard mines 3
4.2 Vale to regain Onca Puma nickel mine and Sossego copper mine licences 3
4.3 Lundin Mining increases ownership in Caserones copper-molybdenum project 3
4.4 Golden Deeps posts upgrade in OML vanadium-copper-lead-zinc resources 3
4.5 Anhui Huahui Copper to build 60ktpa copper wire rod project 3
4.6 Amerigo's Chilian MVC copper-molybdenum output exceeds guidance slightly 4
4.7 Alara dispatches third copper concentrate shipment from Al Wash-hi Majaza project 4
4.8 Anhui Jiuyuan gets EIA approval to build copper processing project 4
4.9 Northwest Copper Processing sees record production 4
4.10 First Quantum reports Q2 copper and nickel production 4
5. Producers Statistics 4
5.1 Chinese refined copper producers 4
5.1.1 Chinese refined copper producers' operating rate up by 1.55% MoM in Jul 4
5.1.2 Chinese refined copper producers' output up by 1.56% MoM in Jul 5
5.1.3 Chinese refined copper producers' inventory up by 15.02% MoM in Jul 5
5.2 Chinese copper rod producers 5
5.2.1 Chinese copper rod producers' operating rate down by 0.47% in Jul MoM 5
5.2.2 Chinese copper rod producers' output down by 0.48% MoM in Jul 6
5.2.3 Chinese copper rod producers' inventory up by 11.65% MoM in Jul 6
6. Export Statistics 6
6.1 China's copper cathode (Cu<99.9935%) import volume rose 45.43% YoY in Jun 2024 6
6.2 China's other unwrought copper import volume increased 39.41% YoY in Jun 2024 7
6.3 China's copper scrap import volume decreased 14.51% MoM in Jun 2024 8
