Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps

Published: Sep 13, 2017 09:58
Cochilco reported Chile’s copper exports surged in July.

SHANGHAI, Sept. 13 (SMM) – Cochilco reported Chile’s copper exports surged in July.

Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600

The country’s copper exports increased 5.5% year-on-year in July to the highest over the past 6 months.

SMM Releases Copper PMI in August and September Forecast

Escondida’s copper output grew 16% year-on-year in July.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
US Auto Assembly Rate Drops to 9.98 Million Units in March
2 mins ago
US Auto Assembly Rate Drops to 9.98 Million Units in March
Read More
US Auto Assembly Rate Drops to 9.98 Million Units in March
US Auto Assembly Rate Drops to 9.98 Million Units in March
The US auto assembly annual rate fell from 10.4 million units in February to 9.98 million units in March.arch.
2 mins ago
Shanghai-Guangdong Copper Price Spread Widens, Premiums Expected to Rise in Shanghai
6 mins ago
Shanghai-Guangdong Copper Price Spread Widens, Premiums Expected to Rise in Shanghai
Read More
Shanghai-Guangdong Copper Price Spread Widens, Premiums Expected to Rise in Shanghai
Shanghai-Guangdong Copper Price Spread Widens, Premiums Expected to Rise in Shanghai
[SMM Shanghai Spot Copper] The Shanghai-Guangdong price spread showed signs of further widening during the day, with the price spread already approaching 150 yuan/mt. Although no significant cross-regional arbitrage between the two areas has emerged, the strong premiums in Guangdong are expected to also push up premium levels in Shanghai and other regions.
6 mins ago
Congo Boosts US Copper Sales to 500,000 Tonnes via State-Backed Venture
28 mins ago
Congo Boosts US Copper Sales to 500,000 Tonnes via State-Backed Venture
Read More
Congo Boosts US Copper Sales to 500,000 Tonnes via State-Backed Venture
Congo Boosts US Copper Sales to 500,000 Tonnes via State-Backed Venture
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold increase from its initial January commitment. The deal, first reported by Semafor, is led by state miner Gécamines and marketed through a joint venture with Mercuria Energy Group, with backing from the US International Development Finance Corporation. It targets copper output from Gécamines’ minority stakes in major operations, including Kamoto Copper Company and Tenke Fungurume.
28 mins ago