Home / Metal News / SMM Analysis: China Copper Scrap Imports Up 2.89% YoY in July on Two Main Factors

SMM Analysis: China Copper Scrap Imports Up 2.89% YoY in July on Two Main Factors

iconAug 25, 2017 18:56
China imported 287,268 tonnes of copper scrap in July, up 2.89% YoY, according to China Customs.

SHANGHAI, Aug. 25 (SMM) – China imported 287,268 tonnes of copper scrap in July, up 2.89% YoY, according to China Customs.

China Imported Copper Concentrate TCs Stabilize This Week, SMM Reports

SMM attributed two main factors to the year-on-year growth.

First, profitable import window of copper scrap opened from mid-April, increasing imports into China’s market, SMM data showed.

Copper Stocks Grow in Shanghai Bonded Zone, SMM Says 

Second, copper smelters preferred copper scrap after price gap between copper cathode and copper scrap widened.

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

SHFE copper
LME copper
copper prices
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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All