Mobile-Menu
Search
Search

Global Commodity Prices Rise Again

Copper production: Global copper mine production fell by 2.2 % until the end of August 2017. Capacity utilization of copper mines fell by 5 % following the expansion of global capacities. Causes were, among other things, the strike in the world's largest copper mine Escondida and ex-port restrictions in Indonesia. Refinery production remained stable in the course of the year to date, with slightly lower capacity utilization. Global consumption also stagnated. The main driver was a slight decline in demand in China. While consumption fell in the USA, Germany and South Korea, there was an increase in Japan and India. After declining to a deficit in refinery production of approx. 150,000 metric tons, the market is likely to show at most a minor supply deficit in 2017. arrow back arrow forward Image Zoom
Copper production: Global copper mine production fell by 2.2 % until the end of August 2017. Capacity utilization of copper mines fell by 5 % following the expansion of global capacities. Causes were, among other things, the strike in the world's largest copper mine Escondida and ex-port restrictions in Indonesia. Refinery production remained stable in the course of the year to date, with slightly lower capacity utilization. Global consumption also stagnated. The main driver was a slight decline in demand in China. While consumption fell in the USA, Germany and South Korea, there was an increase in Japan and India. After declining to a deficit in refinery production of approx. 150,000 metric tons, the market is likely to show at most a minor supply deficit in 2017.
( Picture: see picture )
8/12
< to the article

Related galleries

FOLLOW US ON:

Imprint Media General Terms & Conditions Declaration of Consent Privacy Help

Vogel Logo

Copyright © 2019 Vogel Communications Group

This portal is a brand of Vogel Communications Group. You will find our complete range of products and services on www.vogel.com

see picture; siehe Grafik; s. chart; D.Quitter/konstruktionspraxis; Renishaw; Pixabay; Laserax; Sandvik Coromant; Rheinmetall Automotive; Altair; Slovenian Foundrymen Society; ZF Friedrichshafen; NuernbergMesse / Frank Boxler; NürnbergMesse; Bühler Group; Marposs