Green Car Congress
FEBRUARY 20, 2021
Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.
Green Car Congress
MAY 1, 2021
Total Chinese stocks (658kt) are equivalent to 2.6 Chinese refined consumption rebounded 18% YOY in Q1 2021. Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. These stocks, however, currently represent only 1.9
Green Car Congress
AUGUST 13, 2009
The Wuling N200 entered the Chinese market in 2007. Under an earlier agreement, SAIC-GM-Wuling began exporting the N200 to Peru in July 2008 as the Chevrolet N200. In 2008, SAIC-GM-Wuling’s domestic sales totaled 647,296 units, making it number one in sales among Chinese mini-vehicle producers for the third straight year.
Green Car Congress
APRIL 30, 2020
MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units. Demand in Latin America fell by 30% to 318,000 units, following restrictions in Argentina, Colombia, Chile, Peru, and more recently Brazil and Mexico. Some models performed better than others.
Baua Electric
MAY 13, 2023
Tesla China, SAIC, Chery, Geely, Stunning Wall Motors, Changan, and BYD are a number of the largest participants to Chinese language car exports. These days, SAIC is the biggest Chinese language car exporter with its MG emblem contributing essentially the most to this stellar efficiency. 37 million automobiles.
Baua Electric
JANUARY 7, 2024
The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices. The report also highlights that global copper supply may face disruptions due to issues in major producing countries like Chile , Peru, and Panama.
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