[blockbuster] the emergence of the "mystery" index can track the start of copper smelters around the world in real time.

Published: Jan 22, 2020 18:06

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A "SAVANT global copper smelting index", which uses satellites to monitor the latest operation of 90 per cent of the world's copper smelters in real time, has filled in the shortcomings of commodity traders, metal market analysts, stock traders, economists and other departments and institutions in terms of global copper smelting supply data, using satellite real-time monitoring of the latest operating status of 90 per cent of the world's copper smelters. Allows the market to track the start of copper smelters around the world in real time on a daily basis. The global SAVANT global copper smelting index rose to 88.9 in December, up 0.3 from the November average of 88.6.

A SAVANT Global Copper smelting Index, which uses satellites to monitor the latest operation of 90 per cent of the world's copper smelters in real time, has filled in the shortcomings of commodity traders, metal market analysts, equity traders, economists and other departments and institutions in global copper smelter supply data, allowing the market to track the start of copper smelters around the world in real time on a daily basis.

The SAVANT Global Copper smelting Index, launched in October 2019 by geospatial intelligence company Earth-i and British commodity brokerage firm Marex Spection, is updated daily, weekly and monthly to reflect the real-time activity of copper smelters around the world.

The index integrates the unique algorithms of artificial intelligence, machine learning and computer vision to achieve third-party API integration, and the monitoring data includes global, national and individual smelter data. The data are strictly screened and a small number of smelters that do not meet the requirements are excluded. The data distinguish between a real shutdown and a brief shutdown of the smelter, and the recovery of smelting by the smelter can also be monitored within 1-3 days.

"the timeliness of the data is critical and marks a significant improvement in existing resources and objective processes," said Guy Wolf, head of global market analysis at Marex Spectron. "

Monthly data released recently showed that the global SAVANT global copper smelting index rose to 88.9 in December, up 0.3 from the November average of 88.6, indicating a slight increase in global copper smelting activity in December. Its SAVANT copper smelting index in China peaked on December 5, but hit a new low for the year in late December, mainly due to a reduction in production at a smelter.

"Click to apply for free trial details

At present, the "SAVANT Global Copper smelting Index" has been logged into the SMM database. For more details on the start-up of the global copper smelter, please go to the SMM database page and apply for a free trial of the detailed data. "Click to apply for free trial details

For more details, please contact: Hu Jian

Tel: 1364 1696515 (same WeChat number)

Landline: 021-51666801

You can also scan QR codes for consultation

Copper smelter copper production

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.

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