Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China 2015 Copper Demand to Reach 12.5 Million Tons, Minmetals

Don't Miss Out —
Follow us on:

Nov. 2 (Bloomberg) -- China’s refined copper consumption is expected to reach 12.5 million metric tons in 2015, said chief analyst at China Minmetals Corp. This represents a 79 percent jump from 7 million tons of real consumption this year, according to Bloomberg News calculations based on estimates by the China Nonferrous Metals Industry Association.

Copper prices will stay elevated and volatile in 2012 as the metal continues to be the top pick by funds, according to presentation slides prepared by Minmetals’ Zhang Ronghui for Antaike’s copper conference in Jinan.

To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net

To contact the editor responsible for this story: Richard Dobson at rdobson4@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.