China Copper Monthly October, 2013
Highlights:
Tightening liquidity in Q4 left copper
suppliers in a rush to sell. This exacerbated oversupply pressure and
left spot copper prices at a discount over SHFE current-month copper
contracts. The Third Plenary Session of the 18th CPC Central Committee
came in disappointing due to a lack of reform details, sending copper
prices down to USD 7,000/mt.
Please refer to the proposal at the bottom of this page, and you may download the attachment as well.
To help industry participants and
financial investors to better understanding real market status, by
presenting SMM exclusive surveys on China domestic operating rates at
copper-related companies, inventories, changes in supply-demand balance,
and copper prices.
Current Market Scenario & What to Expect Next
As the world's largest producer and consumer of refined copper, China's copper supply and demand situation directly affects market players' judge on copper prices. In this context, SMM decided to launch this report to provide authentic and timely information about China's copper demand and supply condition.
As the world's largest producer and consumer of refined copper, China's copper supply and demand situation directly affects market players' judge on copper prices. In this context, SMM decided to launch this report to provide authentic and timely information about China's copper demand and supply condition.
After setting historical highs, whether
or not copper prices can rise further and become the focus of investors,
especially amid a series of global events such as the Middle East
crisis, Japan earthquake etc.? How will copper prices move in the
future? How will China's growing inflation pressure and relevant
regulation policies affect copper prices? Whether or not copper
consumption will be curbed amid currently high copper prices?
Copper is in a supply deficit, which is
relatively rare in base metals, and attracts a large number of
investors. Copper is showing stronger financial attribute, especially in
recent few years. Copper is not only a kind of industrial material for
practical production and processing, but also a kind of financial
product for market financing and arbitrage.
SMM Consultancy Service
- perform Trusted, Insightful and Independent research
- provide customized solutions in terms of China steels and metals market
- perform Trusted, Insightful and Independent research
- provide customized solutions in terms of China steels and metals market
Arming
you with updated knowledge and in-depth insight, fundamental analysis,
market forecast, prices, cost surveys, multi-client studies and etc.
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