【List of Attendees Announced】Latest Progress Letter for CCIE 2025 SMM Copper Conference Released!

게시됨: Dec 19, 2024 17:34

In the upcoming year of 2025, the global economy is expected to face a series of complex and volatile challenges. The US Federal Reserve is anticipated to enter a cycle of interest rate cuts, a policy shift that will have profound impacts on global financial markets. Simultaneously, with the conclusion of the US elections, uncertainties in global trade policies are expected to further increase, presenting new challenges for international trade cooperation. In the realm of geopolitics, ongoing conflicts and tensions show no significant signs of easing, posing threats not only to global security but also significantly affecting resource allocation and industrial layouts. Against this macro backdrop, industrial relocation and supply chain restructuring have become critical topics that we must closely monitor. At the industrial level, we observe a rising trend of protectionism in mineral resources, which directly affects the stability of global copper concentrate TCs. With the rapid expansion of global smelting capacity, the profit margins of copper smelters are further compressed, and the challenges faced by the industry are becoming increasingly severe. In the field of secondary copper raw materials, the advancement of Environmental, Social, and Governance (ESG) standards and the "dual carbon" goals have significantly increased market attention on secondary copper. However, the "reverse invoicing" policy implemented in 2024 and the Fair Competition Regulations have had profound impacts on the secondary copper industry. Looking ahead to 2025, changes in the landscape of the secondary copper industry will have critical impacts on the entire copper industry chain. Additionally, policy changes will also significantly affect the trade market structure of copper cathodes. With the cancellation of incentives such as tax subsidies, the space for copper cathode trade is expected to further narrow. We anticipate a more pronounced differentiation in the procurement ratios of copper processing materials between traders and smelters.

Venue:Nanchang, Jiangxi, China


CCIE 2025 SMM (20th) Copper Industry Conference and Copper Industry Expo Conference Website:◉ Click to Enter


List of Participants




Ongoing Registration... ...


Contact for Registration:

● Yao Ma183-2139-5342

✧ More Conference Content Latest Schedule ✧

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데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn
관련 뉴스
East China inventory divergence is evident; SHFE copper spot premiums may consolidate at lows [SMM Shanghai spot copper]
1분 전
East China inventory divergence is evident; SHFE copper spot premiums may consolidate at lows [SMM Shanghai spot copper]
더 보기
East China inventory divergence is evident; SHFE copper spot premiums may consolidate at lows [SMM Shanghai spot copper]
East China inventory divergence is evident; SHFE copper spot premiums may consolidate at lows [SMM Shanghai spot copper]
[SMM SHFE Copper Spot] Looking ahead to tomorrow, SMM recorded social inventory in Shanghai at 55,500 mt, down 11,000 mt WoW from Monday this week; social inventory in Jiangsu stood at 23,200 mt, up 3,200 mt WoW, with inventory trends in the two east China regions clearly diverging. The rapid destocking in Shanghai was driven on one hand by the pullback in copper prices and spot premiums in the previous trading session, which released some dip-buying from downstream buyers and led to solid spot warehouse withdrawals; on the other hand, arrivals remained relatively limited recently, further pushing Shanghai inventory lower. Jiangsu, by contrast, saw inventory buildup due to concentrated arrivals from some smelters. On the demand side, buying picked up after yesterday's copper price pullback, but intraday consumption enthusiasm has already cooled, with downstream buyers returning to just-in-time procurement and remaining limited in their acceptance of current premiums. Meanwhile, the backwardation spread between the front and next month contracts remains at a relatively high level, and suppliers' rollover and shipment pace will remain a key variable affecting spot premiums. Overall, low inventory and limited arrivals in Shanghai provide some support to spot prices, but insufficient demand sustainability still caps premium upside. Spot prices against the SHFE copper 2609 contract are expected to remain rangebound tomorrow, with the center possibly edging slightly lower, though room for a further sharp decline is relatively limited. Going forward, the key focus will be on changes in the backwardation structure between the front and next month contracts.
1분 전
구리 가격 상승과 비수기 수요로 산둥 시장 거래 둔화; 현물 프리미엄 톤당 110위안
30분 전
구리 가격 상승과 비수기 수요로 산둥 시장 거래 둔화; 현물 프리미엄 톤당 110위안
더 보기
구리 가격 상승과 비수기 수요로 산둥 시장 거래 둔화; 현물 프리미엄 톤당 110위안
구리 가격 상승과 비수기 수요로 산둥 시장 거래 둔화; 현물 프리미엄 톤당 110위안
산둥 구리 음극재: 구리 가격이 높은 수준을 유지했고 하류 수요가 전통적인 비수기에 접어들면서 주간 전반의 시장 거래는 부진했다. 목요일 기준 현물은 톤당 110위안 프리미엄으로 제시됐다.
30분 전
시장 거래 분위기 부진, 현물 가격 110위안/mt로 하락 [SMM 산둥 전기동 현물 주간 리뷰]
33분 전
시장 거래 분위기 부진, 현물 가격 110위안/mt로 하락 [SMM 산둥 전기동 현물 주간 리뷰]
더 보기
시장 거래 분위기 부진, 현물 가격 110위안/mt로 하락 [SMM 산둥 전기동 현물 주간 리뷰]
시장 거래 분위기 부진, 현물 가격 110위안/mt로 하락 [SMM 산둥 전기동 현물 주간 리뷰]
33분 전