80.95% Chinese Copper Plate/Sheet, Strip and Foil Producers See Orders Stabilize in November-Shanghai Metals Market

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80.95% Chinese Copper Plate/Sheet, Strip and Foil Producers See Orders Stabilize in November

SMM Insight 01:28:49PM Nov 11, 2016 Source:SMM

SHANGHAI. Nov. 11 (SMM) - The latest SMM survey finds about 80.95% domestic copper plate/sheet, strip and foil producers expect orders to remain steady in November.

9.52% see output increase in November. 9.52% said copper consumption will fall in November due to low temperatures in North China and surge in copper prices.

Operating rates at copper plate/sheet, strip and foil producers will average 68.58% in November, flat at October’s, SMM predicts. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Price

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#1 Refined Cu
Apr.18
49600.0
40.0
(0.08%)
Yangshan Copper Premium(Bill of Lading)
Apr.18
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.18
50.5
-1.0
(-1.94%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.12
68.5
-0.5
(-0.72%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

80.95% Chinese Copper Plate/Sheet, Strip and Foil Producers See Orders Stabilize in November

SMM Insight 01:28:49PM Nov 11, 2016 Source:SMM

SHANGHAI. Nov. 11 (SMM) - The latest SMM survey finds about 80.95% domestic copper plate/sheet, strip and foil producers expect orders to remain steady in November.

9.52% see output increase in November. 9.52% said copper consumption will fall in November due to low temperatures in North China and surge in copper prices.

Operating rates at copper plate/sheet, strip and foil producers will average 68.58% in November, flat at October’s, SMM predicts. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.