Global Copper Concentrate Output to Peak in 2019 - Wood Mackenzie

Published: Oct 20, 2016 20:29

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Global copper concentrate output will peak in 2019, a counselor from Wood Mackenzie in Beijing told SMM.

SHANGHAI, Oct. 20 (SMM) - Global copper concentrate output will peak in 2019, a counselor from Wood Mackenzie in Beijing told SMM.

Copper concentrate oversupply will eased in the medium-term, he said.

Copper prices are expedcted to be $ 3.3 per pound or $7,275 per tonne in the long term, based on exchange rate in 2016.

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