The global refined copper market posted a deficit of about 180,000 tonnes for the first nine months of the year, up from a 50,000-tonne deficit in the first eight months of the year, the International Copper Study Group (ICSG) said on Wednesday December 20.
Previously, the organization had forecast a
total 2017 deficit of 150,000 tonnes as well as a similar 105,000-tonne shortfall in 2018.
The Lisbon, Portugal-based group cited stagnant mine growth. World mine production is estimated to have declined around 2.5% in the first nine months...
