The global copper market showed a deficit of 75,000 tonnes in April 2021 (Report)
The world market for refined copper posted a deficit of 75,000 tonnes in April, compared to a deficit of 13,000 tonnes in March, the International Copper Study Group (ICSG) said in its latest monthly bulletin , Mining.com report.
Note that for the first four months of the year, the market was in surplus of 69,000 tons against a surplus of 110,000 tons during the same period a year earlier, said the ICSG. World production of refined copper in April was 2.07 million tonnes, while consumption was 2.14 million tonnes.