Tag: copper inventories LME SHFE COMEX
-
Global copper surplus widens in 2MCY’26 as inventories hit 23-year high: ICSG
Scrap-driven supply offsets weak primary output Inventory build-up signals slowing demand momentum Regional trends in copper mine production Global copper mine production increased marginally by ~0.4% in January-February 2026 compared to the same period in 2025, indicating a largely stable trend, despite a 0.2% decline in concentrate output. This was offset by a 2.5% increase…