Home / Metal News / 2009 April Cu Output Data Analysis

2009 April Cu Output Data Analysis

iconMay 15, 2009 00:00

SHANGHAI, May. 15 (SMM) --
Copper Concentrates:
According to the National Bureau of Statistics of China (NBS), China's output of copper concentrate was 83.2 kt in April, up 8.9% YoY, and 4% MoM. YTD output was 285.7 kt, up 9.5% YoY. Domestic copper smelters raised output as copper prices rose during March and April, and as downstream demand improved.  This improved downstream demand stimulated demand for raw materials, with China's output of copper concentrate increasing as a result.   
Refined Copper: 
According to NBS, China's output of refined copper was 338.3 kt in April, up 2.90% YoY, and up 5.91% MoM. YTD output was 1.26 million mt, up 6.7% YoY. Supply of scrap copper also increased during April. The high SHFE/LME copper price ratio during March and April created incentives for importing copper concentrate, and the output of domestic copper grew along with the increasing supply of raw materials. 


Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: 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 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

SMM Events & Webinars

All