World copper market shows 80 000 t surplus in first four months of 2017

July 20, 2017

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The world refined copper balance for the first four months of 2017 indicates a surplus of about 80 000 t, the International Copper Study Group (ICSG) reported on Thursday.
It ascribed the surplus mainly to a decline in Chinese apparent demand, a market that currently accounts for about 48% of the world copper refined usage.

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