Monthly Copper Market Report Aug 2023
2023-09-12 23:49:45 【Print】
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Content
1 Market Highlights 1
2 Economy and Policy 1
2.1 China's production of ten nonferrous metals up by 7% YoY in Jan-Jul 1
3 Market Movements 1
3.1 Chinese Market 1
3.1.1 Copper concentrate 25%min TC CIF China 1
3.1.2 Chinese copper concentrate 20%min price delivered 1
3.1 . 3 Chinese copper cathode 99.99%min price delivered 1
3.1.4 Chinese copper rod Ф8mm TC EXW 2
3.1 . 5 Chinese blister copper 98.5%min TC delivered 2
3.1.6 Chinese copper scrap wire 99%min price delivered 2
4 Company News 2
4.1 Xinjiang Xinxin Mineral resumes copper cathode production 2
4.2 New Gold halts underground mining at New Afton copper mine 2
5 Producers Statistics 3
5.1 Chinese refined copper producers 3
5.1 . 1 Chinese refined copper producers' operating rate up by 1.57% MoM in Aug 3
5.1 . 2 Chinese refined copper producers' output up by 2.44% MoM in Aug 3
5.1 . 3 Chinese refined copper producers' inventory up by 0.59% MoM in Aug 3
5.2 Chinese copper rod producers 4
5.2 . 1 Chinese copper rod producers' operating rate up by 0.02% in Aug MoM 4
5.2 . 2 Chinese copper rod producers' output up by 0.032% MoM in Aug 4
5.2 . 3 Chinese copper rod producers' inventory down by 4.55% MoM in Aug 5
5.3 Chinese copper concentrate producers 5
5.3 . 1 Chinese copper concentrate producers' operating rate up by 1.38% MoM in Aug 5
5.3 . 2 Chinese copper concentrate producers' output up by 1.74% MoM in Aug 5
5.3 . 3 Chinese copper concentrate producers' inventory up by 9.93% MoM in late Aug 6
6 Customs Statistics 6
6.1 China's other unwrought copper import volume declined 13.04% YoY in Jul 2023 6
6.2 China's other copper alloys import volume rose 12.78% YoY in Jul 2023 7
6.3 China's brass import volume declined 12.96% MoM in Jul 2023 8
6.4 China's copper scrap import volume decreased 12.13% MoM in Jul 2023 8
7 Relevant Industry News 9
7.1 Barrick targets 2028 for first production from Reko Diq copper project 9
7.2 Capstone sees lower copper production in Q2 9
7.3 China's copper cathode output up by 14.5% YoY in Jul 9
8 Market Outlook for Next Month 9
8.1 Copper Concentrate 25%min TC CIF China 9
8.2 Chinese copper concentrate 20%min price delivered 9
8.3 Chinese copper cathode 99.99%min price delivered 9
8.4 Chinese copper rod Ф8mm TC EXW 10
8.5 Chinese blister copper 98.5%min TC delivered 10
8.6 Chinese copper scrap wire 99%min price delivered 10
Graph Content
Graph 1 TC for imported copper concentrate 25%min in Chinese market from 01/08/2023 to 31/08/2023 (USD/t) 1
Graph 2 Chinese copper concentrate 20%min price trend from 01/08/2023 to 31/08/2023 (RMB/metal ton) 1
Graph 3 Chinese copper cathode 99.99%min spot price trend from 01/08/2023 to 31/08/2023 (RMB/t) 1
Graph 4 TCs for copper rod Ф8mm in Chinese market from 01/08/2023 to 31/08/2023 (EXW, RMB/t) 2
Graph 5 TCs for blister copper 98.5% min in Chinese market from 01/08/2023 to 31/08/2023 (RMB/t) 2
Graph 6 Chinese copper scrap wire 99%min price trend from 01/08/2023 to 31/08/2023 (RMB/t) 2
Graph 7 Chinese refined copper producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 3
Graph 8 Chinese refined copper producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 3
Graph 9 Chinese refined copper producers' output by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 10 Chinese refined copper producers' output by region by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 11 Chinese refined copper producers' inventory by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 12 Chinese refined copper producers' inventory by region by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 13 Chinese copper rod producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 4
Graph 14 Chinese copper rod producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 4
Graph 15 Chinese copper rod producers' output by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 16 Chinese copper rod producers' output by region by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 17 Chinese copper rod producers' inventory by month from 01/08/2023 to 31/08/2023 (tonne) 5
Graph 18 Chinese copper rod producers' inventory by region by month from 01/08/2023 to 31/08/2023 (tonne) 5
Graph 19 Chinese copper concentrate producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 5
Graph 20 Chinese copper concentrate producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 5
Graph 21 Chinese copper concentrate producers' output by month from 01/08/2023 to 31/08/2023 (metal ton) 5
Graph 22 Chinese copper concentrate producers' output by region by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 23 Chinese copper concentrate producers' inventory by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 24 Chinese copper concentrate producers' inventory by region by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 25 China's export volume of other unwrought copper 6
Graph 26 China's export volume of other unwrought copper from top three countries in previous 13 months 7
Graph 27 China's import volume of other copper alloys in previous 13 months 7
Graph 28 China's import volume of other copper alloys from top three countries in previous 13 months 7
Graph 29 China's export volume of copper rod in previous 13 months 8
Graph 30 China's import volume of brass from top three countries 8
Graph 31 China's import volume of copper scrap in previous 13 months 8
Graph 32 China's import volume of copper scrap from top three countries in previous 13 months 9
1 Market Highlights 1
2 Economy and Policy 1
2.1 China's production of ten nonferrous metals up by 7% YoY in Jan-Jul 1
3 Market Movements 1
3.1 Chinese Market 1
3.1.1 Copper concentrate 25%min TC CIF China 1
3.1.2 Chinese copper concentrate 20%min price delivered 1
3.1 . 3 Chinese copper cathode 99.99%min price delivered 1
3.1.4 Chinese copper rod Ф8mm TC EXW 2
3.1 . 5 Chinese blister copper 98.5%min TC delivered 2
3.1.6 Chinese copper scrap wire 99%min price delivered 2
4 Company News 2
4.1 Xinjiang Xinxin Mineral resumes copper cathode production 2
4.2 New Gold halts underground mining at New Afton copper mine 2
5 Producers Statistics 3
5.1 Chinese refined copper producers 3
5.1 . 1 Chinese refined copper producers' operating rate up by 1.57% MoM in Aug 3
5.1 . 2 Chinese refined copper producers' output up by 2.44% MoM in Aug 3
5.1 . 3 Chinese refined copper producers' inventory up by 0.59% MoM in Aug 3
5.2 Chinese copper rod producers 4
5.2 . 1 Chinese copper rod producers' operating rate up by 0.02% in Aug MoM 4
5.2 . 2 Chinese copper rod producers' output up by 0.032% MoM in Aug 4
5.2 . 3 Chinese copper rod producers' inventory down by 4.55% MoM in Aug 5
5.3 Chinese copper concentrate producers 5
5.3 . 1 Chinese copper concentrate producers' operating rate up by 1.38% MoM in Aug 5
5.3 . 2 Chinese copper concentrate producers' output up by 1.74% MoM in Aug 5
5.3 . 3 Chinese copper concentrate producers' inventory up by 9.93% MoM in late Aug 6
6 Customs Statistics 6
6.1 China's other unwrought copper import volume declined 13.04% YoY in Jul 2023 6
6.2 China's other copper alloys import volume rose 12.78% YoY in Jul 2023 7
6.3 China's brass import volume declined 12.96% MoM in Jul 2023 8
6.4 China's copper scrap import volume decreased 12.13% MoM in Jul 2023 8
7 Relevant Industry News 9
7.1 Barrick targets 2028 for first production from Reko Diq copper project 9
7.2 Capstone sees lower copper production in Q2 9
7.3 China's copper cathode output up by 14.5% YoY in Jul 9
8 Market Outlook for Next Month 9
8.1 Copper Concentrate 25%min TC CIF China 9
8.2 Chinese copper concentrate 20%min price delivered 9
8.3 Chinese copper cathode 99.99%min price delivered 9
8.4 Chinese copper rod Ф8mm TC EXW 10
8.5 Chinese blister copper 98.5%min TC delivered 10
8.6 Chinese copper scrap wire 99%min price delivered 10
Graph Content
Graph 1 TC for imported copper concentrate 25%min in Chinese market from 01/08/2023 to 31/08/2023 (USD/t) 1
Graph 2 Chinese copper concentrate 20%min price trend from 01/08/2023 to 31/08/2023 (RMB/metal ton) 1
Graph 3 Chinese copper cathode 99.99%min spot price trend from 01/08/2023 to 31/08/2023 (RMB/t) 1
Graph 4 TCs for copper rod Ф8mm in Chinese market from 01/08/2023 to 31/08/2023 (EXW, RMB/t) 2
Graph 5 TCs for blister copper 98.5% min in Chinese market from 01/08/2023 to 31/08/2023 (RMB/t) 2
Graph 6 Chinese copper scrap wire 99%min price trend from 01/08/2023 to 31/08/2023 (RMB/t) 2
Graph 7 Chinese refined copper producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 3
Graph 8 Chinese refined copper producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 3
Graph 9 Chinese refined copper producers' output by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 10 Chinese refined copper producers' output by region by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 11 Chinese refined copper producers' inventory by month from 01/08/2023 to 31/08/2023 (tonne) 3
Graph 12 Chinese refined copper producers' inventory by region by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 13 Chinese copper rod producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 4
Graph 14 Chinese copper rod producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 4
Graph 15 Chinese copper rod producers' output by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 16 Chinese copper rod producers' output by region by month from 01/08/2023 to 31/08/2023 (tonne) 4
Graph 17 Chinese copper rod producers' inventory by month from 01/08/2023 to 31/08/2023 (tonne) 5
Graph 18 Chinese copper rod producers' inventory by region by month from 01/08/2023 to 31/08/2023 (tonne) 5
Graph 19 Chinese copper concentrate producers' operating rate by month from 01/08/2023 to 31/08/2023 (%) 5
Graph 20 Chinese copper concentrate producers' operating rate by region by month from 01/08/2023 to 31/08/2023 (%) 5
Graph 21 Chinese copper concentrate producers' output by month from 01/08/2023 to 31/08/2023 (metal ton) 5
Graph 22 Chinese copper concentrate producers' output by region by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 23 Chinese copper concentrate producers' inventory by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 24 Chinese copper concentrate producers' inventory by region by month from 01/08/2023 to 31/08/2023 (metal ton) 6
Graph 25 China's export volume of other unwrought copper 6
Graph 26 China's export volume of other unwrought copper from top three countries in previous 13 months 7
Graph 27 China's import volume of other copper alloys in previous 13 months 7
Graph 28 China's import volume of other copper alloys from top three countries in previous 13 months 7
Graph 29 China's export volume of copper rod in previous 13 months 8
Graph 30 China's import volume of brass from top three countries 8
Graph 31 China's import volume of copper scrap in previous 13 months 8
Graph 32 China's import volume of copper scrap from top three countries in previous 13 months 9