China Copper, Aluminium Use Seen up 10 pct in 2011-Shanghai Metals Market

Hot Keywords

  • Market commentary
  • Rare earth
  • Aluminium
  • Macroeconomics
  • Copper
  • Zinc
  • Sales data
  • Customs data
  • MMi Iron Ore Port Index
  • Inventory data
  • precious metals
  • Rare earths
  • Nickel
  • Iron ore
  • Futures movement

China Copper, Aluminium Use Seen up 10 pct in 2011

Industry News 03:37:36PM Mar 03, 2011 Source:SMM

Mar. 3 (Reuters) - China's consumption of copper and aluminium is likely to rise about 10 percent in 2011, Fan Jianping, head of economic forecasting at the State Information Center think tank, said on Thursday.

Fan, speaking at the CBI copper summit in the eastern port city of Ningbo, also said China was likely to gradually restrict exports of copper and aluminium products.

China, the world's top copper and aluminium consumer, already discourages exports of primary copper and aluminium, which carry export taxes of 10 and 15 percent, respectively. 
 

Key Words:  consumption   copper Cu   demand   inventory  

China Copper, Aluminium Use Seen up 10 pct in 2011

Industry News 03:37:36PM Mar 03, 2011 Source:SMM

Mar. 3 (Reuters) - China's consumption of copper and aluminium is likely to rise about 10 percent in 2011, Fan Jianping, head of economic forecasting at the State Information Center think tank, said on Thursday.

Fan, speaking at the CBI copper summit in the eastern port city of Ningbo, also said China was likely to gradually restrict exports of copper and aluminium products.

China, the world's top copper and aluminium consumer, already discourages exports of primary copper and aluminium, which carry export taxes of 10 and 15 percent, respectively. 
 

Key Words:  consumption   copper Cu   demand   inventory