Copper witnessed an unexpectedly strong rise in the first quarter of 2016 with prices starting to climb in the middle of February and recording a 10% rise in March. Then, despite the volatility, prices have remained at higher levels than 2015 for most of the second quarter. Is this an indication of a pick-up in underlying copper market fundamentals? Not according to industry feedback; this suggests the market has yet to show signs that a positive recovery is under way and analysts have been generally bearish on the outlook. For example, China’s Copper premium was slashed to a three-year low and continues to stay at low levels which is another sign of weakening demand from the market's biggest buyer.
So what is actually happening?
What is the real story from the sell-side? Can we expect any simulative policies during China's 13th Five-Year Plan to present a better demand outlook from the world biggest consumer? Will we see a new wave of copper mining investment after the market downturn and the reorganization of copper producers? Can we maintain the momentum from the start of 2016 and carry this into 2017 and if so, how?
The 15-17 November 2016 in Shanghai, during the 5th CESCO Asia Copper Week, is where you will find your answers at Metal Bulletin Events’ 12th Asia Copper Conference.
We will once again bring you the top decision makers from the global copper industry to discuss strategies, argue forecasts and forge partnerships for the future health of the industry. With over 300 attendees expected, if you are in Copper, this is one event you cannot afford to miss.
Key benefits to attending this conference during CESCO Asia Copper Week:
Get first-hand information from world leading copper suppliers to have a better picture of the current and future global copper concentrates supply
Forecast China’s demand pattern by understanding the government’s focus for the economy in transition and latest industry guidance for housing and national grid during China’s 13th Five-Year Plan period
Understand what the ongoing restructuring and reorganization within the industry mean for the changing market fundamentals and also for potential investment opportunities
Listen to what the top industry analysts and hedging fund managers say about the market development trend and optimize your investment strategies using the derivatives market
Pre-event Cocktail Reception
The 12th Asia Copper Conference Pre-event Cocktail Reception will also return after receiving a very positive reception last year.
To be hosted from 5-8pm on 15 November, this will be the official opening event during Asia Copper Week in November. Whether you are looking to network with business peers and meet other market players, or just simply to enjoy some great views of Shanghai while relaxing with a drink before the conference kicks off on 16 November, there is no better place to be at.
More details will be announced in due course.
About Asia Copper Week
Asia Copper Week is a world class event organised by the Center for Copper and Mining Studies (CESCO). This will be the fourth year of being held in Shanghai, and is scheduled to run from 15-17 November 2016.
The V Asia Copper Dinner, the central event of Asia Copper Week, will be held on the evening of 17 November 2016 at the Shanghai International Convention Center. Welcoming over 1,700 dinner guests last year from the biggest and most important companies around the world, this year the dinner will once again count on the participation of top executives from mining companies, metal manufacturing companies, investment banks, metal traders, engineering and shipping companies, amongst others, from around the world.
Please refer to http://www.asiacopperweek.com if you would require more detailed information about Asia Copper Week.