Copper Market Report May 2017

Content
Abstract 3
1 International market review 3
1.1 LME copper price rebounds 3
1.2 Copper cathode inventories on LME down 3
2 Chinese market review 3
2.1 Copper cathode price edges down 3
3 Monthly production data 4
3.1 Operating rate of Chinese low-oxygen copper rod plants down slightly to 63.6% in May 4
4 Import & Export data 5
4.1 China’s copper ore and concentrate imports down by about 16.9% MOM in April 5
4.2 China’s imports for refined copper down by about 30.7% MOM in April 2017 7
4.3 China’s copper scrap imports down about 18.7% MOM in April 2017 10
5 Company news 12
6 Market outlook 13

Chart Content

Chart 1 3-month copper on LME from Apr 2017 to May 2017 3
Chart 2 Copper cathode inventory on LME from Apr 2017 to May 2017 3
Chart 3 Spot copper prices in Chinese market from Apr 2017 to May 2017 4
Chart 4 Copper premiums in Shanghai from Apr 2017 to May 2017 4
Chart 5 Monthly operating rates of Chinese low-oxygen copper rod plants from Jan 2016 to May 2017 4
Chart 6 Operating rates of Chinese low-oxygen copper rod plants in major provinces from Jan 2016 to May 2017 5
Chart 7 China's imports of copper ore and concentrate by month from Jan 2016 to Apr 2017 5
Chart 8 Major exporters of copper ore and copper concentrate and their monthly exports to China from Jan 2016 to Apr 2017 6
Chart 9 China’s monthly imports for refined copper from Jan 2016 to Apr 2017 8
Chart 10 China’s major origin countries for imported copper scrap from Jan 2016 to Apr 2017 by monthly imports 8
Chart 11 China’s copper scrap imports by month from Jan 2016 to Apr 2017 (1kt) 10
Chart 12 China’s copper scrap imports by origin county/region from Jan 2016 to Apr 2017 (10kt) 10

Table Content

Table 1 China’s copper ore imports by country in April 2017 6
Table 2 Major Chinese copper ore importers in April 7
Table 3 China’s imports for refined copper in April 2017 by country: 8
Table 4 Major Chinese refined copper importers in April 9
Table 5 Data on China’s copper scrap imports by origin county/region in April, 2017 10
Table 6 Major Chinese importers of copper scrap in April 11

.Asian Metal Copyright7% MOM in April 2017 10 5 Company news 12 6 Market outlook 13 Chart Content Chart 1 3-month copper on LME from Apr 2017 to May 2017 3 Chart 2 Copper cathode inventory on LME from Apr 2017 to May 2017 3 Chart 3 Spot copper prices in Chinese market from Apr 2017 to May 2017 4 Chart 4 Copper premiums in Shanghai from Apr 2017 to May 2017 4 Chart 5 Monthly operating rates of Chinese low-oxygen copper rod plants from Jan 2016 to May 2017 4 Chart 6 Operating rates of Chinese low-oxygen copper rod plants in major provinces from Jan 2016 to May 2017 5 Chart 7 China's imports of copper ore and concentrate by month from Jan 2016 to Apr 2017 5 Chart 8 Major exporters of copper ore and copper concentrate and their monthly exports to China from Jan 2016 to Apr 2017 6 Chart 9 China’s monthly imports for refined copper from Jan 2016 to Apr 2017 8 Chart 10 China’s major origin countries for imported copper scrap from Jan 2016 to Apr 2017 by monthly imports 8 Chart 11 China’s copper scrap imports by month from Jan 2016 to Apr 2017 1kt 10 Chart 12 China’s copper scrap imports by origin countyregion from Jan 2016 to Apr 2017 10kt 10 Table Content Table 1 China’s copper ore imports by country in April 2017 6 Table 2 Major Chinese copper ore importers in April 7 Table 3 China’s imports for refined copper in April 2017 by country: 8 Table 4 Major Chinese refined copper importers in April 9 Table 5 Data on China’s copper scrap imports by origin countyregion in April, 2017 10 Table 6 Major Chinese importers of copper scrap in April 11 Asian Metal Copyright