The Chinese Copper Market Prospects for 2012

Transcription

1 NEW The Chinese Copper Market Prospects for 2012 l What is the outlook for Chinese copper supply, demand & pricing? l What is the impact of China s outlook on the global copper market? l Exclusive surveys on operating rates at Chinese semis mills In association with:

2 The Chinese Copper Market Prospects for 2012 Analysis and forecasts down the full supply chain, from raw materials, through smelting, refining, semi-fabricating and end-use markets Smelter operating rates, capacity additions and by-products analysis Policy impact analysis Unique and exclusive surveys on operating rates at China s wire rod producers, cable makers, tube/pipe producers and plate/sheet/strip mills Pricing: TC/RCs, scrap rates, metal prices, arbitrage, premiums Restocking, destocking or new inventory management strategies? NEW Metal Bulletin Research has partnered with one of the leading authorities on metal markets in China to produce a comprehensive and in-depth study on the copper sector. This study, The Chinese Copper Market Prospects for 2012 provides unique and independent research, insightful on-theground analysis and authoritative forecasts on China s copper market, and its impact on the broader global copper marketplace. During the downturn in prices that dominated the second half of 2011, copper saw its price remain more resilient than the other base metals, never coming close to threatening its marginal costs of production. Whether it stays this way or it is pulled down in line with the other metals trading around their marginal costs, largely depends on China. China s appetite, strategies and policies hold the key to the fate of the global market this year more than ever. It is a year that starts with the Chinese economy in a slowdown and ends with a change of leadership, and has as a backdrop the threat of a global recession and global financial crisis emanating from the debt and banking fiasco in Europe. Will China save the world again? Metal Bulletin Research and Shanghai Metals Market have teamed up to publish an in-depth study, The Chinese Copper Market Prospects for 2012 that provides unique analysis and an independent outlook on supply, demand and pricing in China s copper and associated markets. For the full year of 2011, Metal Bulletin Research secured a Top 4 position on the leaderboard for the Apex survey, the Metal Bulletin service that tracks performance of more than 20 top base metal price forecasters, with an accuracy rate of 95.9%.

3 The Chinese Copper Market Prospects for 2012 is a timely study providing crucial analysis and independent forecasts. Objectives of The Chinese Copper Market Prospects for 2012 study: l To present detailed data and insights into China s self-sufficiency in copper supply, from in-ground reserves and resources, to scrap collection, to smelter capacity additions and utilisation; l To discuss the outlook for China s power, construction, appliance, electronics, and auto industries in 2012; l To provide supply-demand balances and price forecasts for the Chinese and global copper markets in Why is this study essential reading? l Offers access to exclusive and authentic data; l Written by experienced individuals with industry knowledge in copper markets; l Contains exclusive surveys conducted on the ground in China; l Provides valuable industry analysis right down China s copper supply chain; l Presents detailed Chinese copper supply and demand data for 2011 and forecast for Structure of Chinese copper consumption China s copper supply-demand balance Supply and demand balance Premiums or discounts % 10% Power Transportation % 46% Household appliances Electronics 0 0 Others % 11% Construction Source: SMM and Metal Bulletin Research Source: SMM and Metal Bulletin Research Charts are for illustrative purposes. Up-to-date data in the study.

4 Table of contents 1 Overview 1.1 Overview of Macro Economy Features of Economic Operation in Other Major World Economies 2011 Features of China Economic Operation 2011 Outlook of Global Economy Overview of Global Copper Industry Overview of Global Copper Supply 2011 Outlook of Global Copper Supply 2012 Overview of Global Copper Consumption 2011 Outlook of Global Copper Consumption Overview of China Nonferrous Metal Industry China Copper Supply 2.1 Overview of China Copper Supply Structure Chart of Copper Industrial Chain 2.3 Raw Material for Copper Smelting Copper Concentrate Overview of China Copper Resources 2011 Overview of Copper Reserves and Distribution Statistics of Copper Ores and Concentrates Output Changes in China Self-Sufficiency Rate of Copper Ores and Concentrates Statistics of TC/RC Negotiation on 2012 TC/RC Scrap Copper Overview of China Scrap Copper Market 2011 Changes in China Self-Sufficiency Rate of Scrap Copper 2011 Proportion of China Scrap Copper Consumption Raw Material Structure of Copper in China Copper Smelting China Copper Capacity 2011 China New-Added Crude Copper Capacity in The Future China New-Added Refined Copper Capacity in The Future China Refined Copper Output Regional Distribution of China Refined Copper Output 2011 Changes in China Output of Refined Copper Monthly Changes in China Refined Copper Output 2011 Introduction and Operations of China Major Copper Smelters Scales of China Major Copper Smelters Introduction and Operations of Jiangxi Copper Group Output and YoY Changes at China Major Refined Copper Smelters 2011 Production Concentration Ratio of China Refined Copper Planned Output at China Major Refined Copper Smelters 2012 Comparison of Operating Rates at Copper Smelters and Refined Copper Output 2011 Comparison of Operating Rates at Copper Smelters 2011 and Copper Price Trends 2011 Forecast of China Refined Copper Output By-products of Copper Smelting Introduction of By-products of Copper Smelting Sulfuric Acid Review of Sulfuric Acid Market 2011 Outlook of Sulfuric Acid Market 2012 Impact from Sulfuric Acid Prices on Copper Smelters Gold and Silver Review of Gold and Silver Market 2011 Outlook of Gold and Silver Market 2011 Impact from Gold and Silver Prices on Copper 3 China Copper Demand 3.1 Overview of China Copper Demand 3.2 Copper Processing Industry Overview of Copper Processing Industry China Output and Apparent Consumption of Copper Semis Composition of China Copper Semis Output 2011 Comparison of Operating Rates of Major Types of Copper Semis Major Copper Processing Enterprises in China Regional Distribution of China Copper Semis Production Future Types Distribution of China Newly-Expanded Copper Semis Capacity Future Regional Distribution of China Newly-Expanded Copper Semis Capacity Copper Plates, Sheets and Strips Brief Introduction of Application of Copper Plates, Sheets and Strips Apparent Consumption of Copper Plates, Sheets and Strips Operation of China Copper Plates, Sheets and Strips Industry 2011 SMM Exclusive Survey: Operating Rates at Copper Plates, Sheets and Strips Producers Statistics of Newly-Expanded Copper Plates, Sheets and Strips Projects Substitute in Copper Plates, Sheets and Strips Industry Copper Plates, Sheets and Strips Supply and Demand and Development Trends 2011 Copper Pipe/Tube Brief Introduction of Application of Copper Pipe/Tube Apparent Consumption of Copper Pipe/Tube Operation of China Copper Pipe/Tube Industry 2011 SMM Exclusive Survey: Operating Rates at Copper Pipe/Tube Producers Statistics of Newly-Expanded Copper Pipe/Tube Projects Substitute in Copper Pipe/Tube Industry Copper Pipe/Tube Supply and Demand and Development Trends 2011 Introduction of Enterprise Operation: Zhejiang Hailiang Co., Ltd. Copper Rod Brief Introduction of Application of Copper Rod Apparent Consumption of Copper Rod Operation of China Copper Rod Industry 2011 SMM Exclusive Survey: Operating Rates at Copper Wire Rod Producers Use of Scrap Copper in Copper Rod Industry Statistics of Newly-Expanded Copper Wire Rod Projects Substitute in Copper Rod Industry Copper Wire Rod Supply and Demand and Development Trends 2011 To order please call the hotline +44 (0) or enquiries@metalbulletin.com

5 Copper Foil Brief Introduction of Application of Copper Foil Apparent Consumption of Copper Foil Operation of China Copper Foil Industry 2011 Statistics of Newly-Expanded Copper Foil Projects Substitute in Copper Foil Industry Copper Foil Supply and Demand and Development Trends 2011 Overall Development Trends of China Processing Industry 3.3 Copper Demand from End-Users Overview of Copper Demand from End-Users Changes in China Copper Consumption Structure Power Industry Brief Introduction of Application of Copper in Power Industry Current Situation of China Power Industry Operation of China Power Cable Industry SMM Exclusive Survey: Operating Rates at Cable Producers Introduction of Enterprise Operation: Tebian Electric Apparatus Stock Co., Ltd. Outlook of China Power Industry 2012 Home Appliance Industry Air Conditioner Industry Refrigerator Industry Freezer Industry Outlook of China Home Appliance Industry 2012 Construction Industry Statistics of Climate Index of China Real Estate Industry Statistics of Investment in China Real Estate Industry Statistics of Growth of China Urban Fixed Assets Investment Outlook of China Construction Industry 2012 Automobile Industry Statistics and Analysis of China Automobile Output Outlook of China Automobile Industry 2012 Electronic Industry Statistics and Analysis of China Integrated Circuit Output Analysis of Printed Circuit Boards (PCB) Industry Outlook of China Electronic Industry Summary of Chinese Copper Consumption Forecasts Copper Imports and Exports 4.1 Copper Concentrate Imports 4.2 Scrap Copper Imports 4.3 Imports and Exports of Refined Copper Refined Copper Imports Overview of Refined Copper Imports 2011 Trends of Refined Copper Imports Monthly Changes in China Refined Copper Imports 2011 Changes in SHFE/LME Copper Price Ratio 2011 Analysis of Refined Copper Imports 2011 by Origin Analysis of Refined Copper Imports 2011 by Trade Mode Analysis of Major Refined Copper Importers 2011 Negotiations on Annual Copper Import Premium 2012 Outlook of Imported Copper Market 2012 Refined Copper Exports Overview of Refined Copper Exports Trends of Refined Copper Exports Monthly Changes in China Refined Copper Exports 2011 Analysis of Destinations of Refined Copper Exports 2011 Outlook of Exported Copper Market Imports and Exports of Refined Copper 2011 Imports of Copper Semis Proportion of Imported Copper Metal Content in Copper Semis Consumption 5 Impact on Copper Industry Development from Related Policies 5.1 Import and Export Policies 5.2 Industry Policies 6 Review of Copper Market in 2011 and Forecast in Review and Analysis of Copper Market Copper Prices 2011 Analysis 6.3 China Copper Market Supply and Demand Forecast of China Copper Market Supply and Demand Copper Market Outlook and Copper Price Forecast 2012 Appendix

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