DONGInternational Copper Prices Rose to a Six-month High
The Swiss news agency African Financial News Agency reported on January 9, 2023 that the price of copper for delivery in three months on the London Metal Exchange reached $8,711 a ton that day, the highest level since June 2022. As China, the world's largest copper consumer, adjusts its quarantine policy, the market is optimistic that China's economic growth will boost copper consumption. But it is too early to predict the overall impact on metals prices, given what is happening in other consumer markets. The International Monetary Fund estimates that the recession will affect a third of all countries this
Continue ReadingThe Global Copper Supply and Demand Pattern is Expected to Turn into a Small Surplus
In 2022, the copper price fluctuates greatly. In 2023, the global copper supply and demand pattern is expected to turn into a small surplus, putting pressure on the copper price. However, based on the expectation of international policy change, the probability of sustained decline of futures copper is not large, or the lowest point in 2022 as support into the wide oscillation pattern, London copper operating range of $6,900 - $9,000 / ton, Shanghai copper operating range of 53,000 - $69,000 / ton. Recession pressure in Europe and the United States In 2022, faced with the threat of high inflation,
Continue ReadingIndonesia Announced a ban on Aluminium and Copper exports in June
Recently, Indonesian President Joko Widodo announced that in addition to bauxite, Indonesia will also ban copper exports this year to promote the development of domestic mineral resources processing industry. Indonesia was the first country to ban nickel exports in 2020, but the WTO ruled it violated trade rules. In 2022, Indonesia temporarily banned exports of coal and palm oil, causing further market turmoil. Still, Indonesia announced plans to ban bauxite exports in June. Mr. Joko has previously revealed his intention to ban exports of copper and tin ingots, but has not set a date. According to Indonesia's Times.com, Mr Joko
Continue ReadingThe International Copper Association Helps The Comprehensive Utilization Of Solid Waste In Copper Smelting
"Hazardous Waste Environmental Management Guide Copper Smelting" will be removed from hazardous waste gypsum, at the same time, the neutralization residue by the enterprise to provide relevant testing further explanation of treatment. This move, on the one hand, to meet China's increasingly stringent environmental requirements; On the other hand, it will promote the industry to improve the comprehensive utilization rate of resources and provide policy basis and support for the green development of the industry. In recent years, in terms of low-carbon energy saving and comprehensive utilization of resources, copper smelting enterprises have implemented a lot of innovative means such
Continue ReadingCopper Products Maintenance Tips
Copper is a very close relationship with human non-ferrous metal, not only rich in natural resources and has high compressive strength, good endurance, good plasticity, solid structure, long application life, high electrical conductivity and high thermal conductivity and other excellent properties, is widely used in electric power, electronics, energy and petrochemical, machinery and metallurgy, transportation, light industry, emerging industries and other fields. The consumption of non-ferrous metals is second only to aluminum. We all know that copper products are easy to oxidize and not easy to maintain. To introduce several small ways to maintain copper: 1. Stored in dry air
Continue ReadingWhat is the Best Way to Prevent Copper Oxidation?
In daily life, copper is easy to oxidize due to environmental factors. This not only causes the destruction of copper material, but also wastes a lot of copper material resources. To introduce a few copper anti-oxidation methods, I hope these methods can help you solve the problem of copper easy oxidation.Passivation treatment:Passivation treatment is now recognized as the best anti-oxidation method. Copper passivation process, with simple operation, easy to use, good passivation effect, does not affect the performance, does not change the size of the characteristics. Electroplating treatment:Copper electroplating process is the longest and most used anti-oxidation method, which refers
Continue ReadingLife Tips: How to Remove Rust Copper?
If copper products rust, how to remove the copper rust, the following tips to share with you. 1.Kerosene and tooth powder derusting method: First wipe with cloth dipped in kerosene, and then wipe with tooth powder, copper rust can be removed. 2. Vinegar to embroidery method: copper utensils on the green copper rust, can be soaked with cloth vinegar, and then add an appropriate amount of salt or cuttlefish bone powder wipe, you can remove. 3. Sea salt derusting method: If the corrosion of copper utensils is very serious, the sea salt can be put in the melted wax, and
Continue Reading