High-yield copper imports will continue for how long
Imports of copper sustained high profits, becoming the Copper & domestic traders to import the "engine", a large number of electrolytic copper futures markets from London to China continuously. Domestic copper imports in March amounted to 296,843 tons, an increase of 137.63 percent over the same period last year, while a total of 1-3 months of imports of 748,281 tons, increased by only 92.3% year-on-year.
"Strong worker consumption and worker and worldwide prices of copper price difference, so that low-risk imports of copper deal, high-yielding, many traders have to commence the import deal of copper." Liu conveyed a news dealing business, copper import deal highly profitable the circumstances has been overseen on for close to five months, it was his grasp that the volume of imports in April will be even higher in May is immobile probable to remain high.
Sustained high copper ratio of the driving force for several months "Refined imports, a significant portion of imports from the reduction of copper." Guangdong, a copper importer, said the fourth quarter of last year, the international price of copper fell sharply, many copper importer default, in addition to the world economic downturn, foreign factories and new housing starts has reduced rate of decline in copper supply disruption of many international copper trade, the domestic supply of copper fell sharply. Copper and copper in the domestic share of consumption as much as 20% -30%, a large number of copper electrolytic copper gap led to the rapid increase in demand, in February there had been higher than the price of electrolytic copper copper 500 odd dollars / tons of the situation.
The country's financial incentive design to stimulate the utilisation of copper. A large copper vendors notified reporters that he appreciated from the position, to go in the household market by a important piece of the copper enterprise digestion, only a little part of a business stock. Stimulating household utilisation of copper mostly in four aspects: First, power twisted cord instructions, directed by state buying into in a important boost in post-disaster reconstruction in Sichuan Province at the identical time to drag the power twisted cord tremendous consumption; Second, household utilisation of little vehicles have good presentation, propelled Vehicle copper consumption; The third is to start construction 3G systems, telecommunications groundwork positions, the building of a fast boost in the capacity of use of copper; four high-speed trains building is propelled by the trains copper consumption; Fifth, the undertakings of dwelling appliances to the rural areas has been an unforeseen effect, " numerous large house electric appliance enterprises are now at the smallest issue in inventory. "
Many copper dealers consider that the State Reserve is to promote the recent resumption of copper alarming worker prices and imports a ample enhance in one of the noteworthy reasons. Although the State did not uncover the actual diagram of copper and techniques for the acquisition, but traders said that the State Reserve Bureau in the first quarter of this year or have imported a record 300,000 tons of refined copper -35. "Although there is no public learning, but it becomes visible at home and abroad are aware of copper imports from abroad a many component of the storage reservoir into the country."
Both inside and outside the high price to maintain long The past few days, both at home and abroad view the spot market copper prices have fallen substantially, both within and outside the recovery rate. The next step will be how to interpret the market, most stock companies that the short term, domestic prices will remain relatively scarce in the spot to maintain the premium conditions, 5,6 the month there will be a large number of imports, having to depend on domestic prices of new digestion products of copper.
For two days of pointed drop in copper charges, a dealer that is due to the homeland to hover assemblage of the storage reservoir, and may even deal some through the location market initiated by trades of copper. "A couple of days before the worldwide cost of copper increased to 4800 U.S. dollars / tons, the State Reserve decisively do not desire to see." The traders accept as factual that the acquisition of State Reserve in the next stage of the power may be weakened.
"Copper is the resumption of imports." The traders said that the existing worldwide price of copper electrolytic copper prices have commenced to diminish, the existing premium of 500 yuan / ton or so, started to import copper returns, in all prospect the next small proportion on copper imports will reach to enhance, thereby transforming the worker give of copper pattern. "In supplement, the worldwide market the fund and consumer finance to suppose China's endeavour for the role of copper started to reflect on their have thinking to suppose space. The worldwide copper prices rose quicker 4300 U.S. dollars from 4800 U.S. dollars, a many component of the intent is cut condensed placement caused. the future price of copper interior and into the open will enter a rehabilitation period. - 18423
"Strong worker consumption and worker and worldwide prices of copper price difference, so that low-risk imports of copper deal, high-yielding, many traders have to commence the import deal of copper." Liu conveyed a news dealing business, copper import deal highly profitable the circumstances has been overseen on for close to five months, it was his grasp that the volume of imports in April will be even higher in May is immobile probable to remain high.
Sustained high copper ratio of the driving force for several months "Refined imports, a significant portion of imports from the reduction of copper." Guangdong, a copper importer, said the fourth quarter of last year, the international price of copper fell sharply, many copper importer default, in addition to the world economic downturn, foreign factories and new housing starts has reduced rate of decline in copper supply disruption of many international copper trade, the domestic supply of copper fell sharply. Copper and copper in the domestic share of consumption as much as 20% -30%, a large number of copper electrolytic copper gap led to the rapid increase in demand, in February there had been higher than the price of electrolytic copper copper 500 odd dollars / tons of the situation.
The country's financial incentive design to stimulate the utilisation of copper. A large copper vendors notified reporters that he appreciated from the position, to go in the household market by a important piece of the copper enterprise digestion, only a little part of a business stock. Stimulating household utilisation of copper mostly in four aspects: First, power twisted cord instructions, directed by state buying into in a important boost in post-disaster reconstruction in Sichuan Province at the identical time to drag the power twisted cord tremendous consumption; Second, household utilisation of little vehicles have good presentation, propelled Vehicle copper consumption; The third is to start construction 3G systems, telecommunications groundwork positions, the building of a fast boost in the capacity of use of copper; four high-speed trains building is propelled by the trains copper consumption; Fifth, the undertakings of dwelling appliances to the rural areas has been an unforeseen effect, " numerous large house electric appliance enterprises are now at the smallest issue in inventory. "
Many copper dealers consider that the State Reserve is to promote the recent resumption of copper alarming worker prices and imports a ample enhance in one of the noteworthy reasons. Although the State did not uncover the actual diagram of copper and techniques for the acquisition, but traders said that the State Reserve Bureau in the first quarter of this year or have imported a record 300,000 tons of refined copper -35. "Although there is no public learning, but it becomes visible at home and abroad are aware of copper imports from abroad a many component of the storage reservoir into the country."
Both inside and outside the high price to maintain long The past few days, both at home and abroad view the spot market copper prices have fallen substantially, both within and outside the recovery rate. The next step will be how to interpret the market, most stock companies that the short term, domestic prices will remain relatively scarce in the spot to maintain the premium conditions, 5,6 the month there will be a large number of imports, having to depend on domestic prices of new digestion products of copper.
For two days of pointed drop in copper charges, a dealer that is due to the homeland to hover assemblage of the storage reservoir, and may even deal some through the location market initiated by trades of copper. "A couple of days before the worldwide cost of copper increased to 4800 U.S. dollars / tons, the State Reserve decisively do not desire to see." The traders accept as factual that the acquisition of State Reserve in the next stage of the power may be weakened.
"Copper is the resumption of imports." The traders said that the existing worldwide price of copper electrolytic copper prices have commenced to diminish, the existing premium of 500 yuan / ton or so, started to import copper returns, in all prospect the next small proportion on copper imports will reach to enhance, thereby transforming the worker give of copper pattern. "In supplement, the worldwide market the fund and consumer finance to suppose China's endeavour for the role of copper started to reflect on their have thinking to suppose space. The worldwide copper prices rose quicker 4300 U.S. dollars from 4800 U.S. dollars, a many component of the intent is cut condensed placement caused. the future price of copper interior and into the open will enter a rehabilitation period. - 18423
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