COPPER TO BE IN DEFICIT
October 6, 2011 by metalinvestmentnews
The International Copper Study Group (ICSG) predicts a copper deficit of 250,000 tons in 2012.
However, higher copper prices will cause some industrial substitution to plastics and aluminum.
In 2011, China’s has been using up its stockpiles of copper, reducing their imports by 360,000 tons.
Where is copper headed next?