Despite production disruptions, copper saw February surplus of 150 000 t

May 23, 2017

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Analysis of the latest data published by the International Copper Study Group (ICSG) showed global surplus copper output of 150 000 t in February, despite disruptions at massive key mines in Chile and Indonesia.
The ICSG ascribed the surplus mainly to a sharp decline in Chinese apparent demand, with China currently representing 47% of the world copper refined consumption.

Category: General