Metals News
China September Cu Apparent Consumption Data Analysis
data analysis
10:57AM
Nov 1,2010
Source:SMM

SHANGHAI, Nov. 1 (SMM) --

China’s apparent consumption of refined copper was 643.7 kt in September, down 20 kt MoM, a drop of more than 3% YoY.  When China’s refined copper output maintained strong growth, significant declines in refined copper imports were the main reason behind falling apparent consumption of refined lead.  Although the SHFE/LME copper price was still low in October, the ratio improved slightly from September levels.  As China’s refined copper output is expected to remain stable in October, SMM believes refined copper apparent consumption in China will grow in October.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

apparent consumption
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data