International News

International Copper Prices Rise

Author : Bozhou Marine

Update time : 2026-01-14 10:07:58

Copper prices have surged, driven by a combination of tight global supply and surging demand.

Supply Side: Copper mine supply is affected by numerous factors, such as mine strikes, extreme weather, and geopolitical conflicts. Frequent labor disputes in major copper-producing countries in South America have further exacerbated supply pressures, leading to a global copper shortage and historically low inventory levels.

In May 2025, a mine tremor occurred at the Kamoa-Kakula copper mine in the Democratic Republic of Congo, resulting in a downward revision of production forecasts for this fourth-largest copper mine in the world from 520,000-580,000 tons to 370,000-420,000 tons;

In July 2025, a mine collapse due to an earthquake at the El Teniente copper mine in Chile is expected to reduce production by 300,000 tons, approximately 11% lower than previously expected;

In September 2025, a mudslide struck the Grasberg copper mine in Indonesia, the world's second-largest copper mine, forcing a complete shutdown;

Demand Side: Demand, particularly from the new energy industry and electric vehicles, is growing rapidly, leading to a surge in copper consumption. It's worth noting that each electric vehicle uses 2-3 times the amount of copper as a traditional gasoline-powered car, further driving up copper demand.

www.bozhou-int.com | Marine Light

Next : China's Import and Export Data

Marintex China 2025

Dec .07.2025

Marintex China 2025, Dec 2nd -5th.

China's Import and Export Data

Nov .10.2025

Latest data released by China's General Administration of Customs on November 7 showed that in the first 10 months of this year, China's goods trade maintained a steady growth trend, with total import and export values increasing by 3.6% year-on-year.

Latest Progress of China-Europe Freight Trains

Sep .20.2025

China-Europe Express trains will remain closed at Polish border crossings.

2025 Chinese military parade

Sep .05.2025

On September 3, 2025, a grand ceremony to commemorate the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War was held in Tiananmen Square, Beijing.