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Yunnan Copper Industry Co Ltd

Type: Company

Name: Yunnan Copper Industry Co Ltd

First reported May 21 2013 - Updated 5 hours ago - 1 reports

Copper dips on China imports, Grasberg limits losses

* China April refined copper imports down 33 pct from year ago * Freeport's Grasberg mine could face long closure * Traders await Thursday's flash PMIs from U.S., Europe, China By Maytaal Angel LONDON, May 21 (Reuters) - Copper dipped on Tuesday after ... [Published Sharenet - May 21 2013]

Entities: Copper, China, Nickel

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Copper slips ahead of factory data; U.S. outlook supports

* Traders await Thursday's flash PMIs from U.S., Europe, China * China April refined copper imports down 33 pct from year ago * Market awaits Wednesday testament on U.S. Fed bond buying plans LONDON, May 21 (Reuters) - Copper slipped on Tuesday as traders ... [Published Sharenet - May 21 2013]

Entities: Copper, Nickel, China, United States

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Yunnan Copper Co Ltd

China's Yunnan Copper shuts 100,000 T unit on scrap shortage

Yunnan Copper Industry Company , the fourth-largest producer of the metal in China, has shut a 100,000-tonne-a-year unit due to supply shortage of raw material scrap, an executive said on Tuesday. ... [Published XE - May 21 2013]

Entities: Yunnan Copper Co Ltd, China, Yunnan Copper Industry Co Ltd

First reported May 06 2013 - Updated May 06 2013 - 1 reports

Better earnings outlook lifts key index

SHANGHAI stocks rose to a two-week high yesterday on investor optimism about corporate earnings and hopes that more funds will be channeled into the market. The Shanghai Composite Index increased 1.2 percent to 2,231.17 points. "The improved performance ... [Published Shanghai Daily - May 06 2013]

Entities: Yunnan Copper Industry Co Ltd, Guotai Junan Securities Co Ltd, Shanghai, Index

First reported May 06 2013 - Updated May 06 2013 - 1 reports

Zijin Mining Group Co Ltd

Stocks on the rise for a second day

SHANGHAI stocks continued to rise for the second consecutive day as investors' expected more funds to be channeled into the capital market. The Shanghai Composite Index jumped 1.2 percent to a two-week high of 2,231.17 points today. The China Securities ... [Published Shanghai Daily - May 06 2013]

Entities: Yunnan Copper Industry Co Ltd, Shanghai, Zijin Mining Group Co Ltd

Quotes

..."There was already a perception that (China) copper imports had been weak, and today's data has done nothing to change that," Capital Economic "That said, one aspect that will help (imports) is the shortage of scrap in China, which will lead some producers to have to substitute scrap with Yunnan Copper Industry Company, the fourth-largest producer in China, has shut a 100,000-tonne-a-year unit due to a shortage of raw material scrap, an executive said on Tuesday. Also, a top U S official said Monday the Federal Reserve could end its bond buying programme later this year if it believed an improvement in the jobs outlook is here to stay. The comments have made Wednesday's release of minutes of the U S central bank's last meeting a focus for markets, with Fed chairman Ben Bernanke due to testify to Congress on the same day. "The tapering off of stimulus should be a sign of confidence, and that copper prices should start to move higher. The longer it doesn't go down, the more you have to say the market is comfortable with where we're trading," said Jonathan Barratt, chief executive of Sydney-based commodity research In other metals traded, stainless-steel ingredient nickel, the worst performer on the LME this year, was down 0.43 percent to $15,050 a tonne. Nickel is down some 12 percent this year. In March, the global nickel market was in surplus by 9,800 tonnes, down from 10,200 tonnes in February, the International Nickel Study Group said. Comex copper in cents/lb, LME prices in $/T and SHFE prices in yuan/T Metal Last Change Pct Move End 2012 Ytd Pct COMEX Cu 334.50 -1.10 -0.33 365.25 -8.42 LME Alum 1864.00 3.00 +0.16 2073.00 -10.08 LME Cu 7382.50 -16.50 -0.22 7931.00 -6.92 LME Lead 2043.25 3.25 +0.16 2330.00 -12.31 LME Nickel 15064.00 -51.00 -0.34 17060.00 -11.70 LME Tin 21300.00 -55.00 -0.26 23400.00 -8.97 LME Zinc 1858.00 5.00 +0.27 2080.00 -10.67 SHFE Alu 14600.00 55.00 +0.38 15435.00 -5.41 SHFE Cu* 53560.00 760.00 +1.44 57690.00 -7.16 SHFE Zin 14455.00 95.00 +0.66 15625.00 -7.49 ** Benchmark month for COMEX copper * 3rd contract month for SHFE AL, CU and ZN SHFE ZN began trading on 26/3/"

Copper slips ahead of factory data; U.S. outlook supports [Published Sharenet - May 21 2013]

...boost market sentiment as investors are more optimistic about the earnings outlook," said Guotai Junan Securities in a research note yesterday. "Listed companies showed improved earnings in the fourth quarter of last year and the first quarter of this year."

Better earnings outlook lifts key index [Published Shanghai Daily - May 06 2013]

"The new regulation of fund management to be effective in June will channel about 10 billion yuan (US 1.6 billion) into the stock market" Western Securities said in a research note

Stocks on the rise for a second day [Published Shanghai Daily - May 06 2013]