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China's refined copper consumption expected to rise 4%-5% on year in 2015

China's refined copper consumption expected to rise 4%-5% on year in 2015

China's refined copper consumption is expected to see a 4%-5% year-on-year increase in 2015, Shen Haihua, senior portfolio manager of HFZ Capital Management told Platts on the sidelines of the LME Week Asia Seminar in Hong Kong late Wednesday, May 20. According to figures released by state-owned nonferrous metals information provider Beijing Antaike, refined copper consumption for 2014 totaled 8.72 million mt, up 6.3% compared with ... >>

Chemical News

  • Recyclers expecting more China Green Fence

    Recyclers expecting more China Green Fence

    Imports of recycled plastic into China rose between five and 10% last year suggesting that the worst may be over after the country's Green Fence crackdown,but government officials are expected to step up their efforts in the second half of the year. Thatí»s what emerged from ...>>>

  • China's Henan alumina price drops Yuan 30 to Yuan 2,520/mt

    China's Henan alumina price drops Yuan 30 to Yuan 2,520/mt

    China Henan's alumina spot prices fell Tuesday as domestic aluminum prices stayed low and alumina refiners' reserves remained high. The Platts ex-works Henan spot alumina assessment was Yuan 2,520/mt ($412/mt) Tuesday for 70:30 cash and credit payment terms, down Yuan 30 from...>>>

  • 100 Spot Commodities Price Chart - 21/05/2015 05/22

    It was assessed by SunSirs that in the tracked 100 spot commodities,14 commodities increased in prices, 33 fell and 53 remained unchanged on 21/05/2015.The largest rises were Nickel (1.50%),Toluene (0.62%),Silver (0.55%),while the largest falls were Ethylene...>>>

  • EU issued 9,663 mt of EPA sugar import licenses May 11-15 05/22

    The EU issued 9,663 mt of sugar import licenses during the week beginning May 11 under EPA-EBA agreements, down 68% week on week, the European Commission said Thursday. That brought the total of EPA-EBA imports since the 2014-15 season began on October 1 to 1,388,609 mt, down 9% on the year. Imports under EPA-EBA agreements are duty-free. The m...>>>

  • US soybean exports jump more than 35% week on week: USDA 05/22

    Soybean oil net export sales jumped more than 35% last week, rising for the third time in the last four weeks, US Department of Agriculture data showed Thursday. Soybean oil net export sales jumped 2,604 mt to 9,927 mt for the reporting week ended May 14. Weekly physical exports for soybean oil rose 245 mt to 3,877 mt. The top countries to which th...>>>

  • Australian government says no to inquiry into iron ore industry 05/22

    Intense lobbying efforts all week by Australia's third-largest iron ore miner Fortescue Metals Group failed to meet immediate aims of pushing the government to carry out an inquiry into the industry, with announcements that there would be no such inquiry made. "Over recent days, there has been some speculation about whether a parliamentary inquiry in...>>>

  • US benzene production dips on poor on-purpose margins 05/22

    US benzene production fell to 85,320 b/d in the week ended May 15 from 95,830 b/d during the prior week due to poor on-purpose production margins, a Platts analysis showed Thursday. On-purpose benzene production from toluene disproportionation and Mobil select toluene disproportionation fell to 7,400 b/d in the week from 18,390 b/d a week prior, acco...>>>