The first, short-term in light of, exciting copper rises in price profit is good more, can see Shanghai copper price has appeared to go up continuously raise.
Short-term in light of, chile has event of copper mine strike again.
Chile dust Si Kangdi amounts to copper mine (the worker of Escondida) is in as possessory as the part in negotiating with the 3rd round of contract that operation business needs and needs develop undertakes, labour union asks Xiang Bihe needs develop partner extends the one-time bonus that is equivalent to 4% dividend. The bonus of every worker is 34 thousand dollar about, will be Chile the stake of the biggest brushstroke that acquires on collier history. Labour union still hopes to raise the wage of 5% , this is rate of inflation of country of this South America double much.
Escondida takes the whole world nearly 5% what main copper supplies. Can think, although its appear very hard,went on strike last year incident, cupreous price rises to this position, BHP and Chile government do not wish to see each loss that brings because of going on strike. But labour union gets probably satisfaction by the requirement of igneous loot, increase cost of copper mine expenses, affect global copper price thereby.
By Indian control, the Vedanta rich limited company that appears on the market in London expresses at Zhou Er, this company is shutting his to be in the cupreous smelt business of Indian south, beforehand appraise will last 15 days. This company is the mining industry company with the biggest India, the cupreous industry output that India and Australia were located in below this company division last year is 515, 274 tons.
The main reason that this smeltery shuts is this large-scale remonstrant activity appeared all round smeltery, even the residence of Anil Agarwal of Vedanta presiding apparitor also got affect. Demonstrate person the extend of the Sterlite copper smeltery that disapproves of this company to be located in Thootukudi south. This smeltery is one of cupreous smeltery with the biggest India, it is environmental protection creed all the time person the first selection target of criticism and demonstrate, demonstrate person the zoology environment that thinks action of this one extend will pollute place badly and fishery.
Will look at present, shanghai copper already appeared graphical breakthrough, after short-term callback makes firm, do not eliminate to issue advocate likelihood rising billow.
The 2nd, in light of metaphase, copper rises in price hopeful lasts.
Downstream start working leads a field, SMM survey data shows, rate of go into operation of wire cable company was May 90.99% , increase compared to the same period 0.82% , annulus comparing increases 1.87% , at present cupreous material consumption still is in busy season.
From data contrast looks, whole of rate of cupreous material start working is good this year last year, terminal consumption is given priority to smoothly. Start working led foil of belt of cupreous lever, copperplate April prep above last year the corresponding period, because air conditioning order glides this year,copper pipe start working is led small glide 1.07, but still maintain in 90.32% perch.
Supply end looks, metaphase or continuously nervous. Domestic environmental protection is at present strict still, busy season overhauls like a raging fire. 10 thousand tons useless copper makes Jiangxi 20-30 the yield of blister copper can, can affect Jiang Tong's crop. Additionally domestic copper plant centers the overhaul, only in June month meets those who have 40 thousand tons reduce an amount.
From the point of the whole world, global economy anabiosises, new increase production of copper mine of overlay whole world can be very few, metaphase whole world supplies insecurity continuously is big probability incident.
Look on strategy, by June - cycle board often is at the beginning of September piece hype busy season, investor of prices of stock of ammunition of the element of square big charcoal that believes to was started June last year, god still clearly is in eye. Nearly a few trade day of coal steel iron plate piece already appeared apparent transaction, overlay is short-term profit is a lot of better related copper, metaphase hype latent capacity is worth to ambuscade ahead of schedule apparently, dog continuously.
Of mark on look, the key is advertent violet gold mining industry (lowest of appraise value standard, early days exceeds drop, have gold to produce at the same time can) ; Jiangxi copper industry (idle fund orgnaization favores mark jointly, hand in cast change a hand active) .
