Copper to remain in surplus this year: MMG

Aug 29, 2013 | 11:54 AM | Shivani Singh

Tags  MMG, China Minmetals, copper, copper surplus, Andrew Michelmore, Shivani Singh

SINGAPORE — MMG Ltd., majority owned by China Minmetals Corp., expects the copper market to remain in surplus in 2013, with China driving growth in the long term.

"Copper prices declined in the first half but we saw minimal price reaction to disruption in supply in Indonesia and North America," chief executive officer Andrew Michelmore said during a conference call.....

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