GREY:NEVDQ - Post by User
Comment by
bogfiton Oct 14, 2021 10:15am
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Post# 34004828
RE:Copper up this morning; ICSG report out
RE:Copper up this morning; ICSG report out Copper Market Forecast 2021/2022
The International Copper Study Group (ICSG) met via a web-meeting, on 5-6 October 2021. Government delegates and industry advisors from most of the world’s leading copper producing and using countries participated to discuss key issues affecting the global copper market. In the meeting of the Statistical Committee, the ICSG view of the world balance of refined copper production and use was developed. After three years of remaining essentially unchanged,
world copper mine production, adjusted for historical disruption factors, is expected to increase by about 2.1% in 2021 and 3.9% in 2022::"
Really? Historical disruption rates? Not real sure what the weather will be like next week, but pretty sure next year it ain't getting better.
b.