Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Battery Separator Electrolyte Other Materials Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / ICSG: copper market supply shortage of 92000 tons in December 2021

ICSG: copper market supply shortage of 92000 tons in December 2021

Mar 23, 2022 07:42

Source:Mandarin Finance and Economics

According to the monthly report released by the International Copper Research Group (ICSG), the global refined copper market will have a supply shortage of 92000 tons in December and 123000 tons in November.

For the whole of 2021, there will be a supply shortage of 475000 tons in the global refined copper market and 484000 tons in 2020.

In December 2021, global refined copper production was 2.11 million tons and consumption was 2.202 million tons.

Copper

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Shanghai base metals traded mixed after opening on Thursday morning, as Fed failed to set a timeline for tapering asset purchase, and COVID-19 pandemic made a comeback. Meanwhile, their counterparts on LME mostly went up.

Jul 29, 2021 09:55

SMM Comments

SMM Morning Comments (Jul 29): Shanghai Base Metals Trending Mixed after Obscure Fed Meeting Results

SHFE Copper Prices to Meet Resistance from 70,000 yuan/mt

SHFE copper prices rallied from lows last week. Prices edged up from 67,500 yuan/mt and tested the 70,000 yuan/mt mark on Friday. European and US stock markets plunged sharply on Tuesday evening amid market concerns over the Delta strain, while SHFE copper prices opened lower.

Jul 27, 2021 11:15

Analysis

SHFE Copper Prices to Meet Resistance from 70,000 yuan/mt

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

Jul 13, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

Shanghai bonded copper stocks rose 4,200 mt on week

SMM data showed that the stocks rose 4,200 mt from the prior week to 439,800 mt as of Friday July 9.

Jul 9, 2021 17:53

Analysis

Shanghai bonded copper stocks rose 4,200 mt on week

China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

SMM Evening Comments (Sep 12)

SHFE nonferrous metals, except for lead, closed higher on US-China trade thaw

Sep 12, 2019 18:39

SMM Comments

Copper scrap imports in Jul hit 2018 high

China’s copper scrap imports in Jul hit the highest monthly level so far this year

Aug 20, 2018 16:11

SMM Insight Analysis

Copper scrap imports in Jul hit 2018 high

SMM Morning Comments (Aug 20)

SMM Morning Comments

Aug 20, 2018 09:34

SMM Comments

Copper stocks in Shanghai bonded areas decrease

Stocks shrank 9,200 mt from a week ago to 480,300 mt as of Friday Aug 17

Aug 17, 2018 16:11

Analysis

Copper stocks in Shanghai bonded areas decrease

Commodity Technical Report september 07 ,2015 - Emkay Commotrade

Lead: Lead prices closed down with a cut of 1.81% yesterday. Failure to sustain above 112.50 will see prices correct towards 111.50/111.30 levels again.

Sep 8, 2015 09:12

Industry

SMM Events & Webinars

All

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China

ICSG: copper market supply shortage of 92000 tons in December 2021

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo