Copper Market Report November 2016
2016-12-29 17:07:40 【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.
Abstract 3
1 International market review 3
1.1 LME copper prices fluctuate up 3
1.2 Copper inventories on LME drop to a three-month low 4
2 Chinese domestic market review 4
2.1 Spot copper prices up by 20.5% MOM 4
2.2 Copper concentrate supply tighten 5
2.3 Sales in copper rod market polarized 6
2.4 Copper scrap market springs briefly 6
3 Monthly production data 7
3.1 Global refined copper output analysis 7
3.1.1 Global refined copper market in surplus of 124,000t during Jan-Sep period 7
3.2 Chinese copper product output analysis 7
3.2.1 Operating rate of Chinese low-oxygen copper rod producers down to 57.5% in November 7
3.2.2 Copper rod stocks in Chinese low-oxygen copper rod plants down by 13.5% MOM in late November 8
4. Import & Export data 9
4.1 China’s refined copper imports down by about 22% MOM in Oct 9
4.2 China’s copper ore and concentrate imports down by around 1.5% MOM in October 10
4.3 China’s copper scrap imports down by 21.7% MOM in October 12
5 Company news 15
5.1 Copper refineries 15
5.11 Shaoxing Pingtong Group to start maintenance for copper concentrate production line 15
5.13 Hongda Molybdenum suspends copper concentrate production 15
5.2 Copper rod plants 15
5.21 Tianjin Copper’s copper rod stocks double 15
5.22 Jiangrun Copper raises copper rod output in November 15
6. Related industry developments 15
6.1 Total investment in real estate development up by 6.6% YOY in the first ten months 15
7 Outlook for December 16
Abstract 3
1 International market review 3
1.1 LME copper prices fluctuate up 3
1.2 Copper inventories on LME drop to a three-month low 4
2 Chinese domestic market review 4
2.1 Spot copper prices up by 20.5% MOM 4
2.2 Copper concentrate supply tighten 5
2.3 Sales in copper rod market polarized 6
2.4 Copper scrap market springs briefly 6
3 Monthly production data 7
3.1 Global refined copper output analysis 7
3.1.1 Global refined copper market in surplus of 124,000t during Jan-Sep period 7
3.2 Chinese copper product output analysis 7
3.2.1 Operating rate of Chinese low-oxygen copper rod producers down to 57.5% in November 7
3.2.2 Copper rod stocks in Chinese low-oxygen copper rod plants down by 13.5% MOM in late November 8
4. Import & Export data 9
4.1 China’s refined copper imports down by about 22% MOM in Oct 9
4.2 China’s copper ore and concentrate imports down by around 1.5% MOM in October 10
4.3 China’s copper scrap imports down by 21.7% MOM in October 12
5 Company news 14
5.1 Copper refineries 14
5.11 Shaoxing Pingtong Group to start maintenance for copper concentrate production line 14
5.12 Yantai Copper's copper cathode output to increase 15
5.13 Hongda Molybdenum suspends copper concentrate production 15
5.2 Copper rod plants 15
5.21 Tianjin Copper’s copper rod stocks double 15
5.22 Jiangrun Copper raises copper rod output in November 15
6. Related industry developments 15
6.1 Total investment in real estate development up by 6.6% YOY in the first ten months 15
6.2 Total investment in power grid increased by 11.3% from January to October 16
7 Outlook for December 16
picture 1 3-month copper on LME in October-November 3
picture 2 Copper inventories on LME in October-November 4
picture 3 Copper prices in Chinese market in October-November 4
picture 4 Copper premiums in Shanghai in October-November 5
picture 5 Copper concentrate 20%min prices in China in October-November 6
picture 6 Operating rate of China’s low-oxygen copper rod plants in 2015-2016 7
picture 7 Operating rates of Chinese copper rod producers in main provinces in 2015-2016 8
picture 8 Copper rod stock changes in main provinces in 2015-2016 8
picture 9 Copper rod stock changes in main provinces in 2015-2016 9
picture 10 China’s refined copper imports in 2015- 2016 9
picture 11 Chinese imports from Chile, India, Australia and Japan in 2015-2016 10
picture 12 Copper ore and concentrate imports in 2015-2016 11
picture 13 Chinese imports of copper ore from Chile, Peru and Mongolia 11
picture 14 Chinese imports of copper scrap in 2015-2016 12
picture 15 Chinese imports of copper scrap from the US, Australia and Hong Kong 13
Table 1 China’s refined copper imports by Country in October 10
Table 2 China’s copper ore imports by country in October 11
Table 3 Major Chinese copper ore importers in October 12
Table 4 Chinese imports of copper scrap in October 13
Table 5 Major Chinese copper scrap importers in October 14
1 International market review 3
1.1 LME copper prices fluctuate up 3
1.2 Copper inventories on LME drop to a three-month low 4
2 Chinese domestic market review 4
2.1 Spot copper prices up by 20.5% MOM 4
2.2 Copper concentrate supply tighten 5
2.3 Sales in copper rod market polarized 6
2.4 Copper scrap market springs briefly 6
3 Monthly production data 7
3.1 Global refined copper output analysis 7
3.1.1 Global refined copper market in surplus of 124,000t during Jan-Sep period 7
3.2 Chinese copper product output analysis 7
3.2.1 Operating rate of Chinese low-oxygen copper rod producers down to 57.5% in November 7
3.2.2 Copper rod stocks in Chinese low-oxygen copper rod plants down by 13.5% MOM in late November 8
4. Import & Export data 9
4.1 China’s refined copper imports down by about 22% MOM in Oct 9
4.2 China’s copper ore and concentrate imports down by around 1.5% MOM in October 10
4.3 China’s copper scrap imports down by 21.7% MOM in October 12
5 Company news 15
5.1 Copper refineries 15
5.11 Shaoxing Pingtong Group to start maintenance for copper concentrate production line 15
5.13 Hongda Molybdenum suspends copper concentrate production 15
5.2 Copper rod plants 15
5.21 Tianjin Copper’s copper rod stocks double 15
5.22 Jiangrun Copper raises copper rod output in November 15
6. Related industry developments 15
6.1 Total investment in real estate development up by 6.6% YOY in the first ten months 15
7 Outlook for December 16
Abstract 3
1 International market review 3
1.1 LME copper prices fluctuate up 3
1.2 Copper inventories on LME drop to a three-month low 4
2 Chinese domestic market review 4
2.1 Spot copper prices up by 20.5% MOM 4
2.2 Copper concentrate supply tighten 5
2.3 Sales in copper rod market polarized 6
2.4 Copper scrap market springs briefly 6
3 Monthly production data 7
3.1 Global refined copper output analysis 7
3.1.1 Global refined copper market in surplus of 124,000t during Jan-Sep period 7
3.2 Chinese copper product output analysis 7
3.2.1 Operating rate of Chinese low-oxygen copper rod producers down to 57.5% in November 7
3.2.2 Copper rod stocks in Chinese low-oxygen copper rod plants down by 13.5% MOM in late November 8
4. Import & Export data 9
4.1 China’s refined copper imports down by about 22% MOM in Oct 9
4.2 China’s copper ore and concentrate imports down by around 1.5% MOM in October 10
4.3 China’s copper scrap imports down by 21.7% MOM in October 12
5 Company news 14
5.1 Copper refineries 14
5.11 Shaoxing Pingtong Group to start maintenance for copper concentrate production line 14
5.12 Yantai Copper's copper cathode output to increase 15
5.13 Hongda Molybdenum suspends copper concentrate production 15
5.2 Copper rod plants 15
5.21 Tianjin Copper’s copper rod stocks double 15
5.22 Jiangrun Copper raises copper rod output in November 15
6. Related industry developments 15
6.1 Total investment in real estate development up by 6.6% YOY in the first ten months 15
6.2 Total investment in power grid increased by 11.3% from January to October 16
7 Outlook for December 16
picture 1 3-month copper on LME in October-November 3
picture 2 Copper inventories on LME in October-November 4
picture 3 Copper prices in Chinese market in October-November 4
picture 4 Copper premiums in Shanghai in October-November 5
picture 5 Copper concentrate 20%min prices in China in October-November 6
picture 6 Operating rate of China’s low-oxygen copper rod plants in 2015-2016 7
picture 7 Operating rates of Chinese copper rod producers in main provinces in 2015-2016 8
picture 8 Copper rod stock changes in main provinces in 2015-2016 8
picture 9 Copper rod stock changes in main provinces in 2015-2016 9
picture 10 China’s refined copper imports in 2015- 2016 9
picture 11 Chinese imports from Chile, India, Australia and Japan in 2015-2016 10
picture 12 Copper ore and concentrate imports in 2015-2016 11
picture 13 Chinese imports of copper ore from Chile, Peru and Mongolia 11
picture 14 Chinese imports of copper scrap in 2015-2016 12
picture 15 Chinese imports of copper scrap from the US, Australia and Hong Kong 13
Table 1 China’s refined copper imports by Country in October 10
Table 2 China’s copper ore imports by country in October 11
Table 3 Major Chinese copper ore importers in October 12
Table 4 Chinese imports of copper scrap in October 13
Table 5 Major Chinese copper scrap importers in October 14
