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Chinese exports of unwrought copper and copper products totaled 932,451 mt in 2021, according to China’s General Administration of Customs data release earlier this week. Sales in 2020 totaled 744,457 mt. Due to tight supplies and high demand, LME Copper prices hit a 10-year in 2021. Chinese exporters were able to take advantage of this rally. (1/20/2022) |
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Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here. |
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Price Indications |
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Today's Charts |
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AEGIS Insights |
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01/10/2022: Section 232 Tariffs: Most relevant developments (AEGIS Reference) 01/05/2022: AEGIS Factor Matrices: Most important variables affecting metals prices 11/30/2021: Will the Omicron COVID Variant Impact South African Metals Production or Exports? |
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Important Headlines & Economic Data |
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AISI Steel Capability Utilization Rate Investing.com Economic Calendar 1/19/2022: Antofagasta says Chile water shortage to hit 2022 production |
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| Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program.
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