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Copper Cathode Imports Rose in October, Africa and Chile Contributed Significantly

Publicado: Nov 22, 2024 16:15
According to SMM, the total import volume of copper cathode in October reached 359,300 mt, up 11.43% MoM and up 7.67% YoY. Among them, the total volume of copper cathode from Africa reached 155,300 mt, up 20.41% MoM, accounting for 43.2% of the total imports. According to SMM, the total volume of copper cathode from Africa continues to increase MoM, mainly due to the concentrated shipping dates in September and October. Another source of increase was from Chile, with an increase of 19,300 mt MoM, marking a significant rise, which is considered a seasonal peak. Additionally, in October, some copper cathode from LME Asian warehouses was transported back to China.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

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