SMM Adds China Copper Industry Database into SMM Online Database Service

SHANGHAI, Jan. 15 (SMM) – Shanghai Metals Market (SMM), the leading metals information provider in China, adds China Copper Industry Database into SMM Online Database Service. The new service will begin from Jan. 15, 2015.

 

China Copper Industry Database is based on SMM’s survey of copper smelters, copper wire rod producers, copper tube/pipe producers, copper plate/sheet, strip and foil makers, and wire & cable producers in China.

 

SMM has been collecting information about production, order books, inventories and market forecast from these enterprises every month since January 2007, to keep informed about market conditions and to provide accurate and timely information on supply, consumption, inventories, etc. across the industry.

 

SMM conducts survey of major Chinese copper smelters every month on their utilization rates, finished goods inventories, raw material stocks, facility expansion and maintenance. Combined capacity of these smelters represents over 80% of China’s total.

 

Nearly all smelters that produce copper deliverable on Shanghai Futures Exchange (SHFE) are included in SMM’s survey samples.

 

The capacity at copper wire rod producers surveyed by SMM every month accounts for over 50% of China’s total. More than 70% of copper wire rod capacities, employing imported continuous casting and rolling equipment, are covered in SMM’s survey samples.

 

The survey, which reflects sales and production of copper wire rod makers, will help market players better know copper consumption in the sector.

 

Copper tube/pipe producers included in SMM’s survey samples hold over 60% of China’s total. These producers are mostly suppliers of China’s well-known air-conditioner manufacturers, such as Gree, Midea, Haier, AUX, and Chigo.

 

Their products are used not only in air-conditioners and heat exchangers, but also in bathroom equipment and military products.

 

SMM surveys major Chinese copper plate/sheet, strip and foil producers every month, including large ones listed in Shanghai, Shenzhen and Hong Kong, with their combined capacity making up more than half of China’s total.

 

Producers in south China where a large number of downstream producers cluster and those in east China where large plate/sheet and strip manufacturers concentrate, as well as some large companies elsewhere in China are all included in the survey. 

 

China’s wire & cable producers are highly fragmented. SMM undertakes survey of listed wire & cable companies and those companies qualified to bid for projects of the State Grid, China Southern Power Grid, and local electric power bureau.

 

The survey results will help market players understand wire & cable consumption in China.