Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Australian shipments of copper concentrate to China declined significantly for the second straight month to 26,717mt in November. 


According to media reports, Chinese imports of the red metal from Australia fell by 77.8pc over the same month last year and were down by 35pc from 40,496mt in October. Records revealed that these copper shipments were at their lowest since 2016. China has instructed domestic companies to refrain from purchasing or importing other Australian products such as steelmaking coal as well.  


In November, China imported 1.83mn mt of copper concentrate, down 15pc compared to November 2019. Last year, Australia was the fifth largest exporter of the material to China, accounting for 4.8pc of total imports into the latter. 

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