Monday, 2 May 2011

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Copper market deficit at 20,000 T in Jan-ICSG

  • Monday, 2 May 2011
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  • (Reuters) - The global copper market was in a 20,000-tonne production deficit in January, versus a surplus of 86,000 tonnes in the same month a year ago, the International Copper Study Group (ICSG) said on Friday.

    World refined copper usage in January reached 1.641 million tonnes, while output hit 1.621 million tonnes, the Lisbon-based ICSG said in its latest monthly bulletin.

    (Source: http://www.reuters.com/article/2011/04/29/icsg-copper-idUSN2953121420110429)

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