GLOBAL COPPER SUPPLY IN SURPLUS OF 17000 TONNES IN DECEMBER 2016

Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17,000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164,000 tons for 2015.

ICSG data showed that in December last year, the mine produced 1.771 million tons, global mine production capacity reached 2.035 million tons, mining capacity utilization rate was 87%. — Neal Bhai Reports

GLOBAL COPPER SUPPLY IN SURPLUS OF 17000 TONNES IN DECEMBER 2016 | GOLD SILVER REPORTS

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