Send Message
Home News

company news about The Long-Term Supply Of Copper Is Tight

Certification
China Y & G International Trading Company Limited certification
China Y & G International Trading Company Limited certification
Customer Reviews
They have more than 10 years experience in exporting products to worldwide countries, can provide the high quality products!

—— Ibnu Pranawannre

Every process will be checked by responsible QC which insures every product's quality.

—— Ridwaddn Hamdanif

I'm Online Chat Now
Company News
The Long-Term Supply Of Copper Is Tight
Latest company news about The Long-Term Supply Of Copper Is Tight

China and the United States began to implement a new round of tariffs and the US dollar's rise. The overnight copper fell by $46, domestic copper imports were limited, and the long-term supply outlook of copper mines was relatively tight.


According to sources, a study by the Chilean Copper Industry Council Cochilco shows that a series of bills aimed at protecting Chile's glaciers may eventually suspend five mining expansion projects, affecting copper mining projects such as Los Pelambres.


If these projects are forced to terminate, Chile's copper production in 2030 will be reduced by about 300,000 tons; Chinese copper imports in July fell by 26.8 % year-on-year to 210,000 tons. Although the monthly ratio slightly increased, imports of used copper were limited, while the long-term supply outlook of domestic copper mines was relatively tight. To a certain extent, the pressure on hedging smelting capacity was concentrated, and copper prices were short-term. or continue to shake.

 

Pub Time : 2018-09-27 12:03:53 >> News list
Contact Details
Y & G International Trading Company Limited

Contact Person: Mrs. Yana Dong

Tel: 13661003712, 86-10-5712 1108, 5718 5998

Fax: 86-10-56752778

Send your inquiry directly to us (0 / 3000)