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ICSG: The global copper market is expected to be oversupplied by 43,000 tonnes in 2018

 Last Update: 2022-12-10
 Source: Internet
 Author: User

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London, April 27 - The international copper research organization (ICSG) said on Friday that the global copper market is expected to have an oversupply of 43,000 tons in 2018 and a supply shortage of 331,000 tons in 2019
.

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The following are the details of the estimate: in thousands of tons

	In 2017	In 2018	In 2019
Mine copper production	20,028	20,670	20,758
Refined copper production	23,503	24,511	24,664
Refined copper consumption	23,758	24,468	24,995
Supply	-254	43	-331

In 2017 In 2018 In 2019 Mine copper production 20,028 20,670 20,758 Refined copper production 23,503 24,511 24,664 Refined copper consumption 23,758 24,468 24,995 Supply -254 43 -331 In 2017 In 2018 In 2019 2017, 2017 2018, 2018 2019, 2019 Mine copper production 20,028 20,670 20,758 Mine copper production 20,028 20,670 20,758 Refined copper production 23,503 24,511 24,664 Refined copper production 23,503 24,511 24,664 Refined copper consumption 23,758 24,468 24,995 Refined copper consumption 23,758 24,468 24,995 Supply -254 43 -331 Supply -254 43 -331

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