Copper Market Report May 2013
2013-06-17 17:42:42 【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
Introduction 3
1 Financial overview 4
1.1 Domestic financial information 4
1.1.1 CPI increases by 2.4% YOY while PPI decreases by 2.6% YOY in April 4
1.1.2 PMI in May increases by 0.2% from April 4
1.2 International financial overview 5
1.2.1 International crude oil price sees fluctuation in May 5
1.2.2 US dollar index strongly rebounds 6
1.2.3 Nonferrous metals industry enters weak cycle 7
2 Copper futures on the LME up obviously 8
3 Chinese domestic market overview 10
3.1 Copper prices in China increase 10
3.2 Thin trading in copper concentrate market 11
3.3 Copper rod supply becomes tight 12
3.4 Copper scrap supply still tight in China 13
4 Monthly production data 14
4.1 Global refined copper output analysis 14
4.1.1 Global copper in surplus of 252,700 tons in Jan-Mar 2013 14
4.1.2 Copper output in Chile in April down by 1.2% YOY 14
4.1.3 Chinese refined copper output in April up by 13.5% YOY 15
4.2 Freeport Grasberg copper mine out of production 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 Dongying Fangyuan building its 200,000tpy copper expansion project 21
6.1.2 Daye Nonferrous Metal reduces copper production 21
6.1.3 Jinchuan closes its 200,000tpy copper refinery 22
6.1.4 Jinsheng Group to decrease copper production 22
6.2 Company news from copper rod plants 22
6.2.1 Chinalco Kunming Copper suspends copper rod production for annual repair 22
6.2.2 Jinchuan increases copper rod production 22
6.2.3 Xinke New Material increases May copper rod production by 17% MOM 22
7 Related industry developments 23
7.1 Chinese production of power cable increases steadily 23
7.2 Real estate development investment up by 21.1% YOY 23
8 Outlook for next month 23
Introduction 3
1 Financial overview 4
1.1 Domestic financial information 4
1.1.1 CPI increases by 2.4% YOY while PPI decreases by 2.6% YOY in April 4
1.1.2 PMI in May increases by 0.2% from April 4
1.2 International financial overview 5
1.2.1 International crude oil price sees fluctuation in May 5
1.2.2 US dollar index strongly rebounds 6
1.2.3 Nonferrous metals industry enters weak cycle 7
2 Copper futures on the LME up obviously 8
3 Chinese domestic market overview 10
3.1 Copper prices in China increase 10
3.2 Thin trading in copper concentrate market 11
3.3 Copper rod supply becomes tight 12
3.4 Copper scrap supply still tight in China 13
4 Monthly production data 14
4.1 Global refined copper output analysis 14
4.1.1 Global copper in surplus of 252,700 tons in Jan-Mar 2013 14
4.1.2 Copper output in Chile in April down by 1.2% YOY 14
4.1.3 Chinese refined copper output in April up by 13.5% YOY 15
4.2 Freeport Grasberg copper mine out of production 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 Dongying Fangyuan building its 200,000tpy copper expansion project 21
6.1.2 Daye Nonferrous Metal reduces copper production 21
6.1.3 Jinchuan closes its 200,000tpy copper refinery 22
6.1.4 Jinsheng Group to decrease copper production 22
6.2 Company news from copper rod plants 22
6.2.1 Chinalco Kunming Copper suspends copper rod production for annual repair 22
6.2.2 Jinchuan increases copper rod production 22
6.2.3 Xinke New Material increases May copper rod production by 17% MOM 22
7 Related industry developments 23
7.1 Chinese production of power cable increases steadily 23
7.2 Real estate development investment up by 21.1% YOY 23
8 Outlook for next month 23
