Global Copper Supply in Surplus of 17000 Tonnes in December 2016
The International Copper Study Group (ICSG) published the latest
monthly report showed in December 2016, global copper supply surplus of
17,000 tons, the total shortage of 5,500 tons in whole year, was below
the supply shortages of 164,000 tons for 2015.
ICSG data showed
that in December last year, the mine produced 1.771 million tons, global
mine production capacity reached 2.035 million tons, mining capacity
utilization rate was 87%.
The International Copper Study Group (ICSG) published the latest
monthly report showed in December 2016, global copper supply surplus of
17,000 tons, the total shortage of 5,500 tons in whole year, was below
the supply shortages of 164,000 tons for 2015.
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