• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

China’s imports of Australian copper concentrate plunge as tensions take hold

5 years ago
in Business, highlights, Home, home-news, latest News, Trade
1 min read
0 0
0
Copper Concentrate - norvanreports

Copper Concentrate - norvanreports

271
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

China’s imports of copper concentrate from Australia plunged for a second month in November to the lowest since at least 2016, customs data showed on Saturday, as a bilateral trade dispute slams China’s demand for Australian supply of the commodity.

Arrivals of copper concentrate, or partially processed copper ore, from Australia into China, the world’s biggest copper consumer, were 26,717 tons last month, according to data released by the General Administration of Customs.

That was down 34% from October and down 77.8% from a year earlier, marking the lowest monthly total in records going back to January 2017.

Australian media reports in early November said the Chinese government had instructed companies not to purchase copper ore and concentrate — as well as at least six other commodities, ranging from coal to lobster — from Australia from Nov. 6 because of souring relations between the two countries.

The November customs data was scheduled for release on Friday but the agency’s website was down then.

Copper concentrate, used by smelters to make refined copper, is one of several Australian commodities facing import restrictions in China amid tense relations between the two countries.

Ties soured in 2018 when Australia became the first country to publicly ban China’s Huawei Technologies Co from its 5G network, and worsened this year when Australia called for an inquiry into the origins of COVID-19.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

Shipments of Australian copper concentrate had fallen more than 50% in October from the previous month, although this was before the reported restrictions were to take effect.

Last month, China’s copper concentrate imports from all countries were 1.83 million tons, up 8.3% from October but down 15% on year.

Australia accounted for 4.8% of China’s total copper concentrate imports in 2019, making it the fifth-biggest supplier, following Chile, Peru, Mongolia and Mexico.

Source: cnbc
Via: norvanreports
Tags: AustraliaChinacopper concentratetrade tensions
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.