WBMS: Global Copper Deficit Narrows Significantly in January-April-Shanghai Metals Market

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WBMS: Global Copper Deficit Narrows Significantly in January-April

Industry News 10:10:05AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) - World Bureau of Metal Statistics (WBMS) reported Wednesday global copper supply was in 5,000 tonnes of deficit during January-April 2017, compared to 69,000 tonnes of deficit in 2016, wenhua.com reported.

Copper inventories slid in April, but increased 82,000 tonnes in late April from late December 2016.

Barclays: Copper Price to Fall in Back Half of 2017 on China Reason

Output from global copper mines totaled 6.55 million tonnes during January-April 2017, down 0.6% from the same period of last year.

Global copper cathode production was 7.67 million tonnes during January-April 2017, down 0.6% from the same period of last year. 

WBMS: World Zinc Market in Severe Deficit in January-April despite More Output

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. 

WBMS: Global Copper Deficit Narrows Significantly in January-April

Industry News 10:10:05AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) - World Bureau of Metal Statistics (WBMS) reported Wednesday global copper supply was in 5,000 tonnes of deficit during January-April 2017, compared to 69,000 tonnes of deficit in 2016, wenhua.com reported.

Copper inventories slid in April, but increased 82,000 tonnes in late April from late December 2016.

Barclays: Copper Price to Fall in Back Half of 2017 on China Reason

Output from global copper mines totaled 6.55 million tonnes during January-April 2017, down 0.6% from the same period of last year.

Global copper cathode production was 7.67 million tonnes during January-April 2017, down 0.6% from the same period of last year. 

WBMS: World Zinc Market in Severe Deficit in January-April despite More Output

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.