ICSG: World Copper Cathode Deficit Seen at 147,000 tonnes in 2017, to Expand in 2018

Published: May 3, 2017 10:11
The International Copper Study Group (ICSG) said at its monthly report global copper cathode supply will be in 147,000 tonnes deficit in 2017, 100ppi.com reported.

SHANGHAI, May 3 (SMM) - The International Copper Study Group (ICSG) said at its monthly report global copper cathode supply will be in 147,000 tonnes deficit in 2017, 100ppi.com reported.

Supply deficit will expand to 169,000 tonnes in 2018, it said. 

The table below shows detailed data from ICSG:

                               Mine Output           Cu Cathode Output    Cu Cathode Use    Global Cu Cathode SAD 

Unit: 1,000 tonnes

Mexico Releases Major Metals Output in February, Copper Output Rose 13.3%

Chile Copper Output Slid 23% in March after Escondida Hurt by Strike

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Jintian Co., Ltd.: Annual Capacity of Rare Earth Permanent Magnets Has Reached 9,000 mt; High-Precision Free-Cutting Copper Billet Has Been Used in Airborne Structures of Low-Altitude Aircraft
12 hours ago
Jintian Co., Ltd.: Annual Capacity of Rare Earth Permanent Magnets Has Reached 9,000 mt; High-Precision Free-Cutting Copper Billet Has Been Used in Airborne Structures of Low-Altitude Aircraft
Read More
Jintian Co., Ltd.: Annual Capacity of Rare Earth Permanent Magnets Has Reached 9,000 mt; High-Precision Free-Cutting Copper Billet Has Been Used in Airborne Structures of Low-Altitude Aircraft
Jintian Co., Ltd.: Annual Capacity of Rare Earth Permanent Magnets Has Reached 9,000 mt; High-Precision Free-Cutting Copper Billet Has Been Used in Airborne Structures of Low-Altitude Aircraft
12 hours ago
Sharp Decline in Copper Prices Prompted Some Downstream Enterprises to Operate at Full Capacity, and Spot Copper Turned to Premiums Across the Board [SMM South China Copper Cathode Spot Weekly Review]
13 hours ago
Sharp Decline in Copper Prices Prompted Some Downstream Enterprises to Operate at Full Capacity, and Spot Copper Turned to Premiums Across the Board [SMM South China Copper Cathode Spot Weekly Review]
Read More
Sharp Decline in Copper Prices Prompted Some Downstream Enterprises to Operate at Full Capacity, and Spot Copper Turned to Premiums Across the Board [SMM South China Copper Cathode Spot Weekly Review]
Sharp Decline in Copper Prices Prompted Some Downstream Enterprises to Operate at Full Capacity, and Spot Copper Turned to Premiums Across the Board [SMM South China Copper Cathode Spot Weekly Review]
13 hours ago
The Operating Rate of China's Scrap-derived Copper Anode Producers Declined
14 hours ago
The Operating Rate of China's Scrap-derived Copper Anode Producers Declined
Read More
The Operating Rate of China's Scrap-derived Copper Anode Producers Declined
The Operating Rate of China's Scrap-derived Copper Anode Producers Declined
[SMM Copper Anode market] Due to the narrowing price difference between copper cathode and scrap, the operating rate of China's scrap-derived copper anode producers declined, with production mainly carried out to fulfill long-term contracts. From March 13 to 19, the operating rate of SMM scrap-derived copper anode plate enterprises was 58.31%, down 0.5 percentage points WoW. As copper prices fell sharply, the operating rate is expected to decline to 54.65% next week.
14 hours ago
ICSG: World Copper Cathode Deficit Seen at 147,000 tonnes in 2017, to Expand in 2018 - Shanghai Metals Market (SMM)