Home / Metal News / Copper Market in 83,000 Tonnes Deficit in Mar 2014 - ICSG

Copper Market in 83,000 Tonnes Deficit in Mar 2014 - ICSG

iconJun 24, 2014 08:55
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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All