World refined copper market logs surplus
Dec 02, 2005 | 09:52 AM
| Matthew Lerner
The world refined copper market registered the first monthly production surplus of the year in August as refined usage fell to the lowest level thus far in 2005, according to preliminary data from the International Copper Study Group (ICSG), Lisbon, Portugal.
The refined copper surplus stood at about 88,000 tonnes in August, although this figure decreases to 8,000 tonnes when seasonally adjusted, in contrast to a 5,000-tonne deficit the previous month (seasonally adjusted to a 37,000-tonne deficit). The August surplus was attributed largely to weaker use of copper during the summer vacation period.....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here