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Colin Bennett

Copper demand outside China on mend - 1 views

  • Copper demand in the main consuming regions outside China is improving but will not recover to levels seen before the global downturn until 2011 or 2012, the International Wrought Copper Council (IWCC) has said.
James Wright

IWCC expects a slow-down in Chinese copper demand growth this year - 0 views

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    The International Wrought Copper Council (IWCC) expects the growth rate for copper demand in China to fall from a double digit increase in 2010 to 7% this year. The council also said that the short term demand outlook was unclear due to the influence of high copper prices on end-user inventory levels. Furthermore, the IWCC commented that some industry participants see shrinking stock levels at the Shanghai Futures Exchange (SHFE) as a sign of increasing Chinese demand, while others believe that it is indicative of China's rising export levels. SHFE stocks contracted to 82,309t, down 54% from a peak level of 177,365t in March.
Colin Bennett

China's real demand for copper to rise 4% in 2012 - IWCC - 1 views

  • China’s underlying demand for refined copper will grow by only 4% in 2012, compared with apparent growth of 9%, according to the International Wrought Copper Council (IWCC). The copper fabricators’ trade association expects China’s apparent demand to reach 8.65 million tonnes in 2012, but about 575,000 tonnes of this total will not have been used in semis production and is held as private stock, it said on Wednesday October 31
Colin Bennett

IWCC gets Korean chairman for first time - 1 views

  • Ryu Jin, chairman of Poongsan, was named the next chairman of the International Wrought Copper Council at the 2010 annual general assembly in Shanghai, China, Poongsan announced yesterday.
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