World refined copper surplus falls in Sept.
Dec 22, 2009 | 11:01 AM
| Anne Riley
The global refined copper surplus shrank in September as ongoing Chinese consumption failed to offset declinies elsewhere, according to preliminary data from the International Copper Study Group (ICSG).
The world refined copper market posted a seasonally adjusted surplus of 11,000 tonnes in September, down from a surplus of 76,000 tonnes the prior month. In the first nine months of the year, the market stood in deficit by about 50,000 tonnes vs. a 92,000-tonne deficit in the year-ago period. On a seasonally adjusted basis, that figure shifts to a surplus of 161,000....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.