Copper Market Report October 2013
2013-11-20 18:10:31 【Print】
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Contents
Introduction 3
1 Financial overview 4
1.1 Domestic financial review 4
1.1.1 CPI up by 3.1% YOY, PPI down by 1.3% YOY in Sep 4
1.1.2 PMI in October hit a new high in recent 18 months 4
1.2 International financial review 5
1.2.1 Crude oil prices continued to fall back 5
1.2.2 US government opens again 6
2 Copper futures on the LME fluctuate within a wide range 7
3 Chinese domestic market overview 9
3.1 Copper prices in China decline 9
3.2 Copper concentrate market moves down 10
3.3 Little improvement in copper rod market 11
3.4 Copper scrap supply still tight 12
4 Monthly production data 12
4.1 Global refined copper output analysis 12
4.1.1 Global copper in surplus of 195,000 tonnes in Jan-Aug 2013 12
4.1.2 Chilean copper output in 2013 to up by 5% YOY 13
4.1.3 Chinese refined copper output in September up by 11% MOM 13
4.2 Chinese copper concentrate output in China 14
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 Freeport-Mc Moran Copper Gold copper sales to reach 4.5 billion pounds 21
6.1.2 Jinjian Copper to produce 120,000t of copper in 2013 21
6.1.3 Xiangguang Copper reduces production for annual repair 21
6.1.4 Jinchuan puts its 400,000tpy copper expansion project into production 22
6.1.5 Shuikoushan Nonferrous Metal starts construction of 100,000tpy copper project 22
6.2 Company news from copper rod plants 22
6.2.1 Ruixin Copper’s 300,000tpy copper rod project to come on stream in 2014 22
6.2.2 Dawufeng Copper Product October copper rod production down by 14% MOM 22
6.2.3 Jinchuan October Copper rod production down by 27% MOM 22
6.2.4 Tianda Copper building its 150,000tpy copper rod project 23
6.2.5 Jinyuan Copper to produce 280,000t of copper rod this year 23
7 Related industry developments 23
7.1 Chinese power grid investment in Jan-Sep up by 10.8% YOY 23
7.2 Chinese investment in real estate in Jan-Sep up by 19.7% YOY 23
8 Outlook for next month 23
Introduction 3
1 Financial overview 4
1.1 Domestic financial review 4
1.1.1 CPI up by 3.1% YOY, PPI down by 1.3% YOY in Sep 4
1.1.2 PMI in October hit a new high in recent 18 months 4
1.2 International financial review 5
1.2.1 Crude oil prices continued to fall back 5
1.2.2 US government opens again 6
2 Copper futures on the LME fluctuate within a wide range 7
3 Chinese domestic market overview 9
3.1 Copper prices in China decline 9
3.2 Copper concentrate market moves down 10
3.3 Little improvement in copper rod market 11
3.4 Copper scrap supply still tight 12
4 Monthly production data 12
4.1 Global refined copper output analysis 12
4.1.1 Global copper in surplus of 195,000 tonnes in Jan-Aug 2013 12
4.1.2 Chilean copper output in 2013 to up by 5% YOY 13
4.1.3 Chinese refined copper output in September up by 11% MOM 13
4.2 Chinese copper concentrate output in China 14
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 Freeport-Mc Moran Copper Gold copper sales to reach 4.5 billion pounds 21
6.1.2 Jinjian Copper to produce 120,000t of copper in 2013 21
6.1.3 Xiangguang Copper reduces production for annual repair 21
6.1.4 Jinchuan puts its 400,000tpy copper expansion project into production 22
6.1.5 Shuikoushan Nonferrous Metal starts construction of 100,000tpy copper project 22
6.2 Company news from copper rod plants 22
6.2.1 Ruixin Copper’s 300,000tpy copper rod project to come on stream in 2014 22
6.2.2 Dawufeng Copper Product October copper rod production down by 14% MOM 22
6.2.3 Jinchuan October Copper rod production down by 27% MOM 22
6.2.4 Tianda Copper building its 150,000tpy copper rod project 23
6.2.5 Jinyuan Copper to produce 280,000t of copper rod this year 23
7 Related industry developments 23
7.1 Chinese power grid investment in Jan-Sep up by 10.8% YOY 23
7.2 Chinese investment in real estate in Jan-Sep up by 19.7% YOY 23
8 Outlook for next month 23
