World refined copper deficit widens to 195 000 t – ICSG

The global refined copper balance for the first eleven months of 2017 indicates a deficit of about 195 000 t, some 27% wider than at the same time a year earlier, the latest data from the Lisbon-based International Copper Study Group (ICSG) shows. The think tank attributed the widening deficit to an almost stagnant growth in world refined copper supplies, adding to a 40 000 t month-on-month widening of the copper supply gap.