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World Copper Production and Usage for June: Summary
Sep 21,2011 09:58CST
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Source:SMM
Following is a table detailing world copper supply and demand from the International Copper Study Group:

Sept. 21 (Bloomberg) –Following is a table detailing world copper supply and demand from the International Copper Study Group:

===============================================================================
                   June    May  April   June    YTD    YTD                 YOY%
                   2011   2011   2011   MOM%   2011   2010   YTD%   2010   2010
===============================================================================
                  ---------------------------Mines-----------------------------
Production        1,318  1,351  1,305  -2.4%  7,835  7,724   1.4% 16,015   0.8%
Capacity          1,671  1,724  1,665  -3.1% 10,039  9,829   2.1% 19,898   1.9%
Capacity       
  Utilization     78.8%  78.4%  78.4%   0.4%  78.0%  78.6%  -0.6%  80.5%  -0.9%
                  -------------------------Refineries--------------------------
Production        1,650  1,646  1,591   0.2%  9,621  9,386   2.5% 19,067   4.4%
 Primary          1,337  1,332  1,286   0.4%  7,864  7,760   1.3% 15,709   1.8%
 Secondary          312    314    305  -0.6%  1,757  1,626   8.1%  3,358  18.3%
Capacity          2,021  2,084  2,012  -3.0% 12,123 11,827   2.5% 23,908   1.2%
Capacity       
  Utilization     81.6%  79.0%  79.1%   2.6%  79.4%  79.4%   0.0%  79.8%   3.2%
===============================================================================
                   June    May  April   June    YTD    YTD                 YOY%
                   2011   2011   2011   MOM%   2011   2010   YTD%   2010   2010
===============================================================================
                  -------------------------Refineries--------------------------
Refined Usage     1,692  1,708  1,606  -0.9%  9,751  9,672   0.8% 19,418   7.2%
Refined Stocks    1,385  1,368  1,388   1.2%  1,385  1,387  -0.1%  1,250 -11.4%
Stock Change         17    -20      1    n/a    135    -23    n/a   -161    n/a
Refined Balance     -42    -62    -15    n/a   -130   -286    n/a   -351    n/a
Seasonally adjusted
 refined balance     32     27     61    n/a    100    -41    n/a    n/a    n/a
===============================================================================
NOTE: The refined balance equals refined production in excess of
refined usage. Levels are in thousand metric tons.

SOURCE: International Copper Study Group
 

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