-
Global copper surplus shrinks to 17kt in 9M23, ICSG reports
According to preliminary data from the International Copper Study Group (ICSG), global refined copper balance in 9M 2023 indicates an apparent surplus of about 17kt (8M 2023: 99kt), as refined copper production increased by about 5.3% while refined copper usage grew by about 3%. ICSG said that in January-September 2023, global copper mine production increased by approximately 1.1%, with concentrate production increasing by about 1.3% and solvent extraction-electrowinning (SX-EW) by 0.2%. According to the report, although global mine production over the first nine months of 2023 benefitted from some startups and ... (full story)
- Comments
- Subscribe
-
- Older Stories
From bnnbloomberg.ca|Nov 20, 2023Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain an upside risk to the inflation ...
From kitco.com|Nov 20, 2023Although inflation pressures are easing and a weakening economy is starting to cool down the labor market, analysts have said that the Federal Reserve still isn't ready to shift ...
From mining.com|Nov 20, 2023A multi-day strike is underway at the Chinese-owned Las Bambas copper mine in Peru, the leader of the workers union said on Monday, as part of its demands to improve profit ...
-
- Newer Stories
From think.ing.com|Nov 20, 2023The oil market managed further gains yesterday. ICE Brent settled 2.12% higher on the day. Growing expectations that we will see some action taken by OPEC+ at their upcoming ...
From news.metal.com|Nov 20, 2023LME copper prices opened at $8340/mt overnight before reaching a low of $8326/mt and a high of $8454/mt, and closed at $8447.5/mt, a rise of 1.67%. Trading volumes were 27,000 ...
From globalnews.ca|Nov 20, 2023video Air Canada has fired back in a lawsuit by security firm Brink’s, saying the airline bears no responsibility for the daring theft of $23.8 million in gold and cash from its ...
- Story Stats
- Posted: Nov 20, 2023 9:31pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 83
