22.09.2016 - Global copper market sees deficit of 83k in June, 306K in H1: ICSG
The global refined copper market for June showed an apparent production deficit of around 83,000 mt, mainly due to strong Chinese apparent refined copper demand, the International Copper Study Group said Tuesday. When making seasonal adjustments for world refined production and usage, June showed a production deficit of about 47,000 mt, the ICSG said in its monthly report. The refined copper balance for the first half of 2016, including revisions to previous data, indicates a production deficit of around 306,000 mt, and a seasonally adjusted deficit of about 227,000 mt...........................................Full Article: Source
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