IDEAS home Printed from https://ideas.repec.org/a/iem/conjun/y2011id2822000009575007.html
   My bibliography  Save this article

Copper

Author

Listed:
  • Ecaterina Patilea

Abstract

The article presents the global copper market evolution in 2010 and prospects for 2011. It analyzes production and consumption of refined copper mining, and the development and stock quotes on the London Stock Exchange. In 2010, refined copper consumption grew faster than production, with the market moving from the surplus from 2009 to deficit. Quotations copper on the London Stock Exchange rose by 46% in 2010 compared to 2009, and inventories of copper on the same stock, which on 29 January 2010 stood after seven years at the highest level of 543.525 tonnes - were cut by the end with over 30%. Copper demand is expected to continue to grow in 2011 and 2012,while the deficit will increase substantially in 2011 and although it will collapse, it will continue in 2012. Prices are forecast at between 7900-9300 dollars/ton. China has an important role in market developments, because it holds the majority in production and consumption.

Suggested Citation

  • Ecaterina Patilea, 2011. "Copper," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2011:id:2822000009575007
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    steel; world market; production; consumption; trade; prices;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iem:conjun:y:2011:id:2822000009575007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ionela Baltatescu (email available below). General contact details of provider: https://edirc.repec.org/data/imacaro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.