| From Yourmetalnews.com: The refined copper market balance is projected to develop a higher surplus of at least 3,45,000 tonnes and 4,00,000 tonnes for 2009 and 2010 respectively, higher than the surplus of 2,50,000 tonnes for 2008, according to a recent forecast for 2009-2010 from the International Copper Study Group (ICSG).
Recognising that the current global economic crisis has created a large degree of uncertainty in the global market, and its impact on both supply and demand for refined copper are not fully known, ICSG has cautioned that market developments in future could significantly alter forward-looking market balances.......Full Article: Source
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