China's vast copper overhang will clear, one way or another
WEBJun 13, 2024 — The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust.
Copper price at fresh high as satellite data shows sharp Chinese ...
WEBChina was responsible for more than half the world’s 2023 refined copper output of 27 million tonnes and customs data showed strong numbers for unwrought copper and copper concentrate imports in...
China's top copper smelters agree on rare joint production cuts ...
WEBMar 13, 2024 — Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according...
China Defies Global Copper Squeeze With Near-Record Production
WEBMay 27, 2024 — China Defies Global Copper Squeeze With Near-Record Production. Smelters are turning to abundant scrap supplies to replace ore; Plants add capacity to defend market share and boost...
Exclusive: Near-record high LME prices a magnet for Chinese copper ...
WEBMay 1, 2024 — China's copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has propelled prices towards record highs and...
China’s Copper Smelters Vow Capacity Controls After Fees Plunge
WEBMar 14, 2024 — China’s copper smelters pledged to control capacity as the industry responds to a tightening in the global concentrate market that’s led to processing fees falling to near nothing.
Copper price to surge to record high this year, Trafigura forecasts
WEBMar 24, 2023 — Chinese copper demand was up 13 per cent year on year last month, according to the bank, after activity picked up after the lunar new year, which took place earlier this year than last. It...
China smelters raise assistance for Q4 copper processing charges
WEB6 days ago — China's top copper smelters chosen Tuesday to a little raise a cost guidance for fourthquarter processing charges, 3 individuals with understanding of the matter said. At a meeting by the China Smelters Purchase Group (CSPT). in Shanghai, participants agreed upon assistance costs for copper. concentrate processing treatment and refining charges (TC/RCs). at $35 per metric load and 3.5 cents ...
Copper rallies on hopes of China economic rebound - Financial Times
WEBJan 11, 2023 — Copper and iron ore are rallying as China reopens its vast economy, with benchmark copper prices passing $9,000 per tonne on Wednesday for the first time since June.
U.S. And China Vie For Copper As Demand And Prices Soar - Forbes
WEBJan 23, 2024 — The U.S. finds itself in an increasingly high-stakes scramble for global copper supplies against China. If this competition isn’t managed the same way the competition for crude oil is,...