Copper; Master Alloys Price in Singapore - 2022

Contents:

1. Copper; Master Alloys Price in Singapore (FOB) - 2022
2. Copper; Master Alloys Price in Singapore (CIF) - 2022
3. Copper; Master Alloys Exports in Singapore
4. Copper; Master Alloys Imports in Singapore

Copper; Master Alloys Price in Singapore (FOB) - 2022

In September 2022, the average copper; master alloys export price amounted to $6,939 per ton, waning by -23.3% against the previous month. Over the period under review, the export price recorded a pronounced decrease. The growth pace was the most rapid in August 2022 when the average export price increased by 14% month-to-month. The export price peaked at $9,909 per ton in February 2022; however, from March 2022 to September 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From January 2022 to September 2022, the rate of growth in terms of prices for China amounted to -2.8% per month.

Copper; Master Alloys Price in Singapore (CIF) - 2022

The average copper; master alloys import price stood at $13,453 per ton in 2022, dropping by -30.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 188%. Over the period under review, average import prices reached the maximum at $56,238 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($47,900 per ton), while the price for Malaysia ($4,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Copper; Master Alloys Exports in Singapore

In 2022, after three years of growth, there was significant decline in overseas shipments of copper; master alloyses, when their volume decreased by -10.8% to 1.7K tons. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,551%.

In value terms, copper; master alloys exports declined remarkably to $10M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 682%. As a result, the exports reached the peak of $13M, and then shrank dramatically in the following year.

Top Export Markets for Copper; Master Alloys from Singapore in 2022:

1. China (1700.0 tons)
2. Indonesia (2.9 tons)

Copper; Master Alloys Imports in Singapore

In 2022, after three years of growth, there was decline in supplies from abroad of copper; master alloyses, when their volume decreased by -4.4% to 81 tons. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 116%. As a result, imports attained the peak of 85 tons, and then contracted modestly in the following year.

In value terms, copper; master alloys imports declined significantly to $1.1M in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $1.6M, and then reduced rapidly in the following year.

Top Suppliers of Copper; Master Alloys to Singapore in 2022:

1. Japan (73.8 tons)
2. Italy (2.2 tons)
3. Taiwan (Chinese) (2.0 tons)
4. China (0.8 tons)

Source: IndexBox Market Intelligence Platform