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Market Survey on Copper - Indian Bureau of Mines

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Chapter 6. Demand and Supply<br />

Forecast for demand and supply <strong>of</strong> a commodity or mineral has always been an<br />

intricate and interesting part. The present <str<strong>on</strong>g>Market</str<strong>on</strong>g> <str<strong>on</strong>g>Survey</str<strong>on</strong>g> <strong>on</strong> copper metal is a maiden<br />

attempt in respect <strong>of</strong> metals. All the previous <str<strong>on</strong>g>Market</str<strong>on</strong>g> <str<strong>on</strong>g>Survey</str<strong>on</strong>g>s were mostly covered<br />

the industrial minerals as well as metallic minerals such as ir<strong>on</strong> ore.<br />

The very nature <strong>of</strong> use <strong>of</strong> metals, especially copper, starting from metallic use in<br />

different forms such as wires, bars, sheets, pipes, plates and in manufacture <strong>of</strong><br />

chemicals and alloys made it more challenging for arriving at an acceptable forecast.<br />

In the following paragraphs the Internal Demand (present and future) <strong>of</strong> copper<br />

metal has been attempted. Demand-Supply analysis <strong>of</strong> copper metal in the country<br />

has been carried out.<br />

6.1 INTERNAL DEMAND<br />

6.1.1 Present Demand<br />

i) Reported C<strong>on</strong>sumpti<strong>on</strong><br />

<strong>Copper</strong> is an important metal as far as electrical industry is c<strong>on</strong>cerned.<br />

The electrical industry has to some extent replaced copper with aluminium in<br />

transmissi<strong>on</strong> <strong>of</strong> electricity in the form <strong>of</strong> transmissi<strong>on</strong> lines, underground cables,<br />

as well as wires for household fittings. However, the durability <strong>of</strong> copper,<br />

c<strong>on</strong>ductivity, ductility and l<strong>on</strong>g life made copper the most sought after material<br />

in motor winding, power cables and wires and electr<strong>on</strong>ic products. <strong>Copper</strong> is<br />

also used in building and c<strong>on</strong>structi<strong>on</strong> industry, transport, ordnance and in<br />

making copper compounds.<br />

The industry wise c<strong>on</strong>sumpti<strong>on</strong> <strong>of</strong> copper is given in Table: 6.1 based<br />

<strong>on</strong> the data collected from c<strong>on</strong>suming industry <strong>on</strong> n<strong>on</strong>-statutory basis and hence<br />

the coverage is not complete.<br />

Table: 6.1- Industry wise C<strong>on</strong>sumpti<strong>on</strong> <strong>of</strong> <strong>Copper</strong> Metal, 2004-05 to 2008-09<br />

(In t<strong>on</strong>nes)<br />

End use Industry 2004-05 2005-06 2006-07 2007-08 2008-09<br />

Cable & Winding Wires 72,845 74,392 78,775 80,855 125,746<br />

Semis & Alloys 41,391 42,625 52,716 50,724 41,129<br />

Electricals 13,355 10,908 13,436 13,415 15,762<br />

Auto Ancillary 2,754 5,597 3,731 3,539 3,023<br />

Others 8,969 9,355 9,362 9,194 8,729<br />

Total Metal (A) 139,314 142,875 158,019 157,727 194,389<br />

Total Scrap (B) 35,936 70,320 74,052 74,702 73,358<br />

Grand total (A+B) 175,250 213,196 232,071 232,428 267,747<br />

95

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