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Home / Metal News / Copper Will Not Get Support from Housing Market, SMM Reports

Copper Will Not Get Support from Housing Market, SMM Reports

Jun 16, 2017 19:15

Source:SMM

China’s housing market is cooling down following a series of restrictive policy, and such condition is expected to be continuing during the rest of the year.

SHANGHAI, Jun. 16 (SMM) – China’s housing market is cooling down following a series of restrictive policy, and such condition is expected to be continuing during the rest of the year.

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

The cooling-down of housing market, one of major copper consumers, will be gradually felt by copper market.

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

The housing market after a strong performance in 2016 will head into a steady drop, and the copper market will also lose a big price supporter.

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For queries, please contact William Gu at williamgu@smm.cn

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Sep 18, 2017 11:58

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Strong Power Investment to Boost Copper Demand

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Copper demand in China rose significantly in recent years along with economic growth, said Zhou Sheng, International Copper Association (ICA)’s President for China.

Sep 18, 2017 11:05

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ICA: China’s Share in Global Copper Demand Keeps Expanding

China Copper Output to Grow in August YoY on Fewer Maintenance, SMM Predicts

SMM survey shows China’s copper cathode output was 633,000 tonnes in July, down 3.21 per cent on a monthly basis, and off 4.67 per cent on a yearly basis.

Aug 7, 2017 18:17

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China Copper Output to Grow in August YoY on Fewer Maintenance, SMM Predicts

Many Scrap Copper Rod Plants Close in Jiangxi and Anhui for Fake Invoice, SMM Reports

A large number of copper rod plants, using copper scrap as raw matrial, have suspended production in Jiangxi and Anhui due to fake VAT invoices, Shanghai Metals Market learns.

Jul 28, 2017 16:32

SMM Insight Industry

Many Scrap Copper Rod Plants Close in Jiangxi and Anhui for Fake Invoice, SMM Reports

SMM Copper Demand Surprise Index: China Copper Demand Outperforms Expectation both in June and July 2017

The final SMM Copper Demand Surprise Index (SMMCDSI) was -56.98 in May, and the index was -2.14 in June, better than estimated data.

Jul 14, 2017 13:07

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SMM Copper Demand Surprise Index: China Copper Demand Outperforms Expectation both in June and July 2017

Jiangxi Copper: China Copper Consumption Grows 22% in March

China’s copper demand grew by 22 per cent in March on a monthly basis, Jiangxi Copper said in its report.

May 17, 2017 14:00

Industry Reminder

Jiangxi Copper: China Copper Consumption Grows 22% in March

SMM Copper Demand Surprise Index: China Copper Demand to Fall in May 2017

The final SMM Copper Demand Surprise Index (SMMCDSI) was -24.53 in April, better than preliminary data of -43.09.

May 16, 2017 11:49

SMM Insight Industry

SMM Copper Demand Surprise Index: China Copper Demand to Fall in May 2017

SMM Copper Demand Surprise Index: China Copper Demand to Worsen in April 2017

The SMM Copper Demand Surprise Index (SMMCDSI) was -30.65 in March, below market expectations, and the index is expected to weaken further to -43.09 in April.

Apr 17, 2017 10:38

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SMM Copper Demand Surprise Index: China Copper Demand to Worsen in April 2017

India Brass, Copper Scrap prices gain; Copper Futures settle down

India major brass and copper scrap prices gained on Monday, while copper futures prices at India's Multi Commodity Exchange settled down amid encouraging trade signals out of Asia.

Apr 5, 2017 09:47

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India Brass, Copper Scrap prices gain; Copper Futures settle down

India Brass, Copper Scrap prices drop; Copper Futures settle up

India's major brass and copper scrap prices dropped on Monday, while copper futures prices at India's Multi Commodity Exchange finished up.

Mar 1, 2017 10:24

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India Brass, Copper Scrap prices drop; Copper Futures settle up

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Copper Will Not Get Support from Housing Market, SMM Reports

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo