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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.

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

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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What's the impact on copper supply from the strike?

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Copper Will Not Get Support from Housing Market, SMM Reports

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SMM LME Metals Seminar 2025

Li-ION BATTERY China

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