2014年2月25日星期二

Copper and molybdenum production forecast

Chinese production is expected to maintain a moderate growth
"By 2013, global tungsten&moly tungsten alloy supply growth will accelerate China's copper production is expected to maintain a moderate growth trend." March 28, Beijing Antaike Information Development has

Limited analyst Yang Changhua forecast, benefiting from the sharp rebound in copper mining and smelting of copper production capacity expansion, global refined copper production is expected to reach 20.65 million tons, with

An increase of about 4.1%.
According to Yang Changhua analysis, global tungsten project into operation gradually peak last year, global copper production of about 20 items (excluding China), with production capacity of about 820,000

T; This year there are still about 20 copper project into production, with production capacity of around 1.22 million tons, including the Oyu Tolgoi copper mine in Mongolia 45 tons capacity.
"A lot production release, will drive copper concentrate production increased at a faster pace." Yang Changhua said, "this year's global copper concentrate production will reach 13.62 million tons, an increase of

Long 6%. "
For domestic copper market, Yang Changhua said that with Wunugetushan copper-copper molybdenum mine, copper and other large-scale projects Duobaoshan gradually reach capacity, as well as some small copper mine production

This year is expected to increase production capacity of 1.52 million tons of copper, an increase of 7.7%. Taking into account this year will be the peak year for the domestic copper smelting capacity release expected in refined copper

Production will reach 6.1 million tons.
National Bureau of Statistics recently released data show that the first two months of this year, China's total production of 975,000 tons of refined copper, an increase of 11.9%.
Antaike analytical data show that in 2013, global refined copper will still continue oversupply trend is expected oversupply of about 400,000 tons; China's refined copper

Imports may fall, but the excess supply will remain at around 70 million tons.
Related Links
According to the International Copper Study Group (ICSG) statistics, in 2012, global refined copper production was 16.5 million tons, up from 2011's 16.2 million tons.

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