Copper; Master Alloys Price in Malaysia - 2021

Contents:

1. Copper; Master Alloys Price in Malaysia (CIF) - 2021
2. Copper; Master Alloys Price in Malaysia (FOB) - 2022
3. Copper; Master Alloys Imports in Malaysia
4. Copper; Master Alloys Exports in Malaysia

Copper; Master Alloys Price in Malaysia (CIF) - 2021

The average copper; master alloys import price stood at $9,888 per ton in December 2021, with a decrease of -4.9% against the previous month. Over the period under review, import price indicated tangible growth from December 2020 to December 2021: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, copper; master alloys import price decreased by -33.7% against October 2021 indices. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 49% against the previous month. As a result, import price attained the peak level of $14,914 per ton. From November 2021 to December 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($9,919 per ton), while the price for the United States totaled $9,467 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average copper; master alloys export price stood at $11,056 per ton in 2022, with an increase of 25% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 36% against the previous year. As a result, the export price reached the peak level of $30,655 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -3.2% per year.

Copper; Master Alloys Imports in Malaysia

In 2022, supplies from abroad of copper; master alloyses increased by 13% to 176 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt downturn.

In value terms, copper; master alloys imports contracted modestly to $1.4M in 2022. In general, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 10%.

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

1. Japan (76.9 tons)
2. South Korea (59.8 tons)
3. United Kingdom (13.3 tons)
4. United States (6.6 tons)
5. China (6.4 tons)

Copper; Master Alloys Exports in Malaysia

After three years of growth, overseas shipments of copper; master alloyses decreased by -13.7% to 1.6 tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, the exports attained the peak of 1.9 tons, and then dropped in the following year.

In value terms, copper; master alloys exports stood at $18K in 2022. Over the period under review, exports continue to indicate a noticeable contraction.

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

1. Singapore (1.6 tons)

Source: IndexBox Market Intelligence Platform