Commodity Strategy - China Trade: Imports Of Copper Ore To Remain Steady - DEC 2017

BMI View: Chinese copper ore imports will remain strong in the coming months as domestic ore grades fall and rising prices support local refined copper production. Despite demand from the infrastructure sector falling short from 2018 onwards, rapidly growing spending on power transmission line construction in China will prevent any decline or sharp slowdown in copper demand and imports over the coming years.

In this monthly article we analyse and forecast China's import demand for ores, metals and coal.

Key Views:

  • Iron Ore Import Growth To Slow In 2018
    China - Annual Import & Export Growth Of Selected Metals & Ores (% y-o-y)
    Source: China Customs, BMI

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