The actual production of domestic electrolytic copper in July was lower than expected at the beginning of the month, and it may pick up significantly in August

Mysteel surveyed a sample of 44 domestic smelting enterprises, with a total production capacity of 11.
47 million tons, covering 94.
5%.

The actual production of electrolytic copper in July was slightly lower than expected at the beginning of the month, and output is expected to pick up again in August
.

Data show that the actual domestic output of electrolytic copper in July 2022 was 887,100 tons, an increase of 5.
3% year-on-year and 0.
6% month-on-month; From January to July 2022, the actual domestic output of electrolytic copper accumulated 6.
1277 million tons, a year-on-year increase of 2.
4%.

The actual production of electrolytic copper in July was slightly lower than expected at the beginning of the month, but it still showed a year-on-year growth trend
.

In August 2022, the domestic electrolytic copper output is expected to be 918,600 tons, an increase of 7.
4% year-on-year and 3.
5% month-on-month; From January to August, the cumulative output of electrolytic copper is expected to be 7.
0462 million tons, a year-on-year increase of 3.
0%.

In August, output once again showed a rebound trend, mainly because the maintenance enterprises Gansu Jinchuan, Chifeng Jintong, Guangxi Nanguo and Qingyuan Jiangcopper from July to August began to chase production after the end of the August maintenance, and the output rebounded significantly month-on-month, while there were fewer enterprises that began maintenance in August, so the domestic electrolytic copper production rebounded significantly
in August.