Compared with overseas copper mines, domestic copper supply in 2020 was not greatly affected by the epidemic, and domestic large-scale copper concentrate was less affected by the epidemic, but some small copper mines began to recover gradually in the second quarter.
China's copper output fell in July as mining companies responded to the state's call to slow down production as a result of a nationwide inspection campaign by central environmental inspectors.
In August, domestic copper concentrate production was 148,600 tons, with year-on-year growth.
Largely due to the completion of the first round of inspections by the central environmental inspection team, domestic mining enterprises resumed their production pace.
From January to September in 2020, the cumulative production of copper concentrate maintained a steady growth, with the cumulative production of copper concentrate reaching 1.23,000 tons, an increase of 4.79% year-on-year.
Domestic copper production is expected to increase by about 70,000 tons in 2020.
From the import situation of copper concentrate, China's smelters have a high dependence on imported copper concentrate.
In the first half of 2020, copper concentrate imports from Kazakhstan, Mexico and other regions increased despite the impact of the epidemic in China. Copper concentrate imports from Peru and Chile decreased by 660,000 physical tons, while China's overall copper concentrate imports remained stable.
China imported 1.83 million tons of copper concentrate in November.
It was up 8.3 percent month-on-month, but down 15.1 percent from the record 2.157 million tons recorded in 2019.
