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Benzinga
Benzinga
Business
Stjepan Kalinic

INSANE: Global copper surplus set to flip into deficit m a not a solution | Vintage Vibes

Man's,Hand,Holding,A,Piece,Of,Copper,To,Examine,It

The global copper market is going from surplus to shortage, according to the latest International Copper Study Group (ICSG) report. The 178,000-ton surplus projected for 2025 could flip to a 150,000-ton deficit as supply struggles to keep pace with demand.

“Lower than previously anticipated refined copper production will be constrained by the lower availability of copper concentrate,” ICSG noted.

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