Trade data from China also supports the impression of ongoing strong copper demand for the most important metal market, which is essential for electrification, Commerzbank's commodity analyst Analyst Thu Lan Nguyen Tala.
Chile's largest mine manufacturer increases its output
“Brass imports may have fallen compared to March and in the last year. However, copper imports have increased to a record level. Accordingly, it indicates that companies in China are increasingly covering their copper with domestic production with domestic production. covered with copper imports in the coming months. ”
“Bronze brass imports are interesting -not like recent -only signs of a mineral deficiency, as can be seen from low treatments and refining charges, among other things. Strong Chinese imports of raw material can lead to a shortage of outside the country and consequent bronze. ”
“This could bring about a challenge for countries that want to become more independent of China. However, it is news that Chile's largest mine manufacturer has recently increased its output after expecting expectations in recent years, which are part of operating problems, has provided a bit of relief in this respect.”
