Author: Drishya Yadav
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Global: Copper concentrate deficit to persist in 2026
Copper market seen in deficit in 2026 as demand outpaces supply. Zero TC/RC benchmark highlights severe concentrate tightness. Copper concentrate supply is expected to remain structurally tight in 2026, as smelter demand continues to outpace mine supply, despite a slowdown in new smelting capacity additions, market participants said. Global copper demand is forecast to continue…