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.
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.
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