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Home / Metal News / Copper Conc. Imports at Port of Fangchenggang Rise by One-Fold in Value in Jan.-May on Three Factors

Copper Conc. Imports at Port of Fangchenggang Rise by One-Fold in Value in Jan.-May on Three Factors

iconJun 16, 2017 11:10
Source:SMM
Imports of copper concentrate via the Port of Fangchenggang valued at 9.5 billion yuan during the first five months of 2017, up by one-fold on a yearly basis. 

SHANGHAI, Jun. 16 (SMM) – Imports of copper concentrate via the Port of Fangchenggang valued at 9.5 billion yuan during the first five months of 2017, up by one-fold on a yearly basis. 

SMM Copper Demand Surprise Index: China Copper Demand to Change Little YoY in June 2017

The surge was due mainly to following three factors. First, domestic large copper producers have made breakthrough in overseas ore mining projects. Second, Jinchuan Group’s project in Fangchenggang poses big demand for copper ore. Third, the optimization of customs service facilities imports. 

Copper Will Not Get Support from Housing Market, SMM Reports

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