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
Copper Inventories in Major Regions of China Continued Destocking During the Week [SMM Weekly Data]
12 mins ago
Copper Inventories in Major Regions of China Continued Destocking During the Week [SMM Weekly Data]
Read More
Copper Inventories in Major Regions of China Continued Destocking During the Week [SMM Weekly Data]
Copper Inventories in Major Regions of China Continued Destocking During the Week [SMM Weekly Data]
12 mins ago
SMM Copper Wire and Cable Operating Rate Rises Slightly to 70.77%, Market Performance Mediocre
30 mins ago
SMM Copper Wire and Cable Operating Rate Rises Slightly to 70.77%, Market Performance Mediocre
Read More
SMM Copper Wire and Cable Operating Rate Rises Slightly to 70.77%, Market Performance Mediocre
SMM Copper Wire and Cable Operating Rate Rises Slightly to 70.77%, Market Performance Mediocre
[SMM Copper Wire and Cable Operating Rate] The operating rate of SMM copper wire and cable enterprises was 70.77% this week, up 0.24 percentage points MoM. Overall operating performance was stable, while market performance was relatively mediocre. During the week, the pullback in copper prices suppressed the release of new orders, but enterprises had ample orders on hand and pending delivery, supporting basically stable production. New orders across downstream segments were generally weak, with demand in the home decoration sector particularly mediocre due to rising plastic raw material prices.
30 mins ago
Copper Price Drop Drives Restocking, Raw Material and Finished Product Inventories Fall
30 mins ago
Copper Price Drop Drives Restocking, Raw Material and Finished Product Inventories Fall
Read More
Copper Price Drop Drives Restocking, Raw Material and Finished Product Inventories Fall
Copper Price Drop Drives Restocking, Raw Material and Finished Product Inventories Fall
[SMM Copper Flash News] Inventory at wire and cable enterprises this week: earlier pullbacks in copper prices drove concentrated restocking by enterprises, and raw material inventory mainly went toward consuming stockpiled materials this week, so raw material inventory fell 2.7% MoM. As for finished product inventories, the pullback in copper prices restrained downstream cargo pick-up, so finished product inventories edged down 2.65% MoM.
30 mins ago
Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps - Shanghai Metals Market (SMM)