Data from CNMIA indicates that, in 2019, production of refined copper in China
maintained the growth momentum, hitting 9.784 million metric tons, or 41.24%
of the world’s total (based on WBMS’ global data). Output from the top ten
copper-producing provinces amounted to 8.152 million metric tons, representing
83.3% of the country’s total. In particular, Jiangxi and Shandong each produced
more than 1.4 million metric tons of refined copper, together amounting for
29.1% of China’s total production. Consumption level in China was 12.08 million
metric tons, or 50.72% of the world’s total (based on WBMS’ global data).
Data from Beijing Antaike Information show that the power, air conditioning, and
transport sectors respectively consumed 49.20%, 16.70%, and 9.15% of the
country’s refined copper.
According to China Customs, China’s import of refined copper, blister copper,
and copper concentrates surged to 3.753 million metric tons in 2018, a new
record, due to reduced supply of scrap copper resulting from policy tightening
on the dismantling and import of scrap copper, and a substantial increase in
copper smelting capacity. Import volume fell in 2019; in particular, import of
refined copper showed a 5.40% year-on-year decrease, to 3,550,300 metric
tons. This contrasted with the export of refined copper in the same year, which
rose by 12.39% to 316,500 metric tons.
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