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Copper Market in 83,000 Tonnes Deficit in Mar 2014 - ICSG
Jun 24,2014 08:55CST
industry news
Source:SMM
The global world refined copper market showed a 83,000 tonnes deficit in March, compared with a 2,000 tonnes surplus in February.

LONDON, Jun 23, The global world refined copper market showed a 83,000 tonnes deficit in March, compared with a 2,000 tonnes surplus in February, the International Copper Study Group (ICSG) said in its latest monthly bulletin.

For the first 3 months of the year, the market was in a 205,000 tonnes deficit compared with a 206,000 tonnes surplus in the same period a year earlier, the ICSG said.

World refined copper output in March was 1.87 million tonnes , while consumption was 1.95 million tonnes.

Bonded stocks of copper in China showed a 27,000 tonnes deficit in March compared with a 32,000 tonnes surplus in February.

COPPER/ICSG

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