ICSG:7 month global refined copper market supply shortage of 35 thousand tons

- Nov 02, 2017-

In October 30th, the international copper research organization (ICSG) said in its latest monthly report that the world's refined copper market in July was in short supply of 35 thousand tons, and in June it was 70 thousand tons short.

In the first seven months of this year, the world's refined copper market was in short supply of 163 thousand tons, with a shortage of 281 thousand tons during the same period last year, ICSG said.

In July the global refined copper production was 1 million 970 thousand tons, consumption of 2 million 10 thousand tons.

In July China bonded copper stocks shortage of 67 thousand tons, in June for the 108 thousand tons shortage.


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