Tag: copper market
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Global refined copper surplus narrows sharply in Jan-Jul’26; exchange stocks hit 23-year high
Global refined copper output up 2% y-o-y as secondary production grows 4% World mine production declines by 1% y-o-y, concentrate output falls by 2% Global refined copper market recorded a preliminary 32,000 t surplus during January-July 2026, sharply lower than the 157,000 t surplus in the same period last year, according to the International Copper…