1. Macroeconomic situation
Copper is an important industrial raw material, and its demand is closely related to economic situation. As the economy grew, copper prices rose as demand increased, and copper prices fell in the recession. In the analysis of macroeconomics, there are two indicators is very important, one is the economic growth rate, or GDP growth rate, the other is industrial production growth rate.
2. Import and Export policy
The import and export policy, especially the tariff policy, is an important means to balance the domestic supply and demand by adjusting the import and export cost of a commodity to control the import and export of a given commodity. Since January 1, 2008, China has carried out zero tariffs on refined copper imports, and the export tax rate for high-purity refined copper is 5%. 10% of the export tax rate for copper masterbatch (No. 79th of 2007 of the General Administration of customs) has been lowered.
3. Expansion and substitution of copper consumption
Consumption is the direct factor affecting copper price, and the development of copper industry is an important factor to influence consumption. With the rapid development of science and technology, the application of copper has been expanding, and copper has begun to play a role in the fields of medicine, biology, superconductivity and environmental protection. IBM has adopted copper instead of aluminum in silicon chips, marking the latest breakthroughs in the application of copper in semiconductor technology. These changes will affect the consumption of copper in varying degrees.
- Application Fields Of Cadmium Tellu...
- Copper Use
- Metal Vanadium Sheet
- The Main Use Of Vanadium
- Characteristics Of Magnesium Alloy
- Brief Introduction Of Magnesium Mat...
- Copper Tube
- The Effect Of Copper On Human Body
- Strategic Significance Of New Mater...
- Former Vice Director Of Henan Provi...