China copper gauge at zero offers stark warning to metals bulls
A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with what buyers in the biggest market are prepared to pay.
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China copper smelters move closer to possible 10% production cut
Chinese smelters, which produce over half the world’s supply of refined copper, moved a step closer to implementing a joint output cut after tightening ore supplies drove processing fees to near zero.
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Visit: 88
China copper smelter margins squeezed by tight supply of raw material
Competition for mined copper supplies is expected to intensify, further eroding margins for Chinese firms that produce half the world’s refined copper, but significant output cuts that tighten the metal market are unlikely.
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Hong Kong is the real loser from new China copper contract
Mining News Pro - China’s long-awaited international copper contract made its debut last week.
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China copper imports soar on price recovery
Mining News Pro - Copper prices have rebounded this week as Chinese demand for the metal reached record levels during July.
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China copper imports surge to record as arbitrage pulls in metal
Mining News Pro - China’s copper imports rose to a record for a second straight month in July, customs data showed on Friday, buoyed by favourable international prices that kept an arbitrage window open and strong demand in the world’s top consumer of the metal.
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Visit: 683
China copper imports in June fall 27% from a year earlier
Mining News Pro - China’s unwrought copper imports in June fell 27.2% from a year earlier, official data showed on Friday, as a slowdown in the world’s second-biggest economy continues to weigh on demand for the metal.
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China copper treatment charges for 2019 to fall as concentrate flips to deficit -Antaike
Mining News Pro - Treatment and refining charges (TC/RCs) paid to China`s copper smelters are set to drop below $80 a tonne next year as processing capacity expands and copper concentrate falls into a deficit, an influential Chinese research house said on Friday.
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China Copper Scrap imports tumble 38.5% y/y in Jan-April
Mining News Agency -Chinese Copper Scrap imports has tumbled 38.5 percent year-on-year to 740,000 tons during the first four months of this year, according to the latest data from the General Administrations of Customs showed on Wednesday.
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Visit: 944