Commodity Market Report
Global copper short-term outlook December 2021
Report summary
It has been another eventful year for copper in 2021. Despite the ongoing concerns about Covid-19, rising inflation, logistic issues and troubles in the Chinese property market, this past year has been bullish for copper and most commodities. In the year ahead, the fundamentals support continued high copper prices, notwithstanding the risk to economic growth posed by the new Covid-19 Omicron variant.
Table of contents
-
Market developments
- China
- North America
- Europe
- Asia ex-China
- Latin America
-
Concentrate markets
- China concentrate markets
- Blister/anode and scrap markets
- Production news
- Other production news
- Project development
- Corporate activity
Tables and charts
This report includes 26 images and tables including:
- Indexed LME cash prices
- Managed money LME positions
- Managed money CFTC positions
- LME copper prices vs trade weighted dollar index
- Regional exchange stocks (kt)
- Regional exchange stocks - monthly changes (kt)
- Price forecasts and world quarterly supply-demand balance (kt)
- Regional manufacturing PMIs
- Concentrate market TCRCs
- Global copper-in-concentrate stock changes (kt Cu)
- Growth in EV production
- US industrial production
- US housing starts and completions
- Production and shipments of copper wire rod and copper semis - kt
- Global quarterly refined copper consumption - kt
- 2021 Planned maintenance for Chinese smelters
- Monthly global imports of copper scrap and electronic scrap (gross weight kt)
- Blister market RC
- Global mine production - breakdown by product type (kt copper in concentrate and leach output)
- Global copper refined consumption (kt)
- Global copper mine production (kt copper in concentrate and leach output)
- Global copper smelter production (kt)
- Global copper refinery production (kt)
- Copper stocks
- Copper prices and premia
- Copper supply-demand balance global summary (kt)
What's included
This report contains:
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