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Home / Metal News / Copper Market to See Deficit in 2017- RK Capital

Copper Market to See Deficit in 2017- RK Capital

Mar 1, 2017 11:11

Source:SMM

RK Capital Management LLC’s co-founder David Lilley expects copper supply will fall short of demand for the first time in 6 years in 2017 due to strike, technical interruption, lower ore grade and adv

SHANGHAI, Mar. 1 (SMM) - RK Capital Management LLC’s co-founder David Lilley expects copper supply will fall short of demand for the first time in 6 years in 2017 due to strike, technical interruption, lower ore grade and adverse weather, according to fx678.com.

The deficit will reach 327,000 tonnes in 2017, and 266,000 tonnes in 2018, 270,000 tonnes in 2019 and 600,000 tonnes in 2020.

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