8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

IWCC expects global copper market in surplus of 285,000t in 2020

2020-05-28 12:00:22   【Print】
The global copper market is expected to be in surplus by 285,000 tonnes this year as a result of the COVID-19 pandemic, with the overhang rising to 675,000 tonnes in 2021, an industry body said in a report.

The forecast from the International Wrought Copper Council (IWCC) is against the backdrop of coronavirus-related demand destruction that is expected to dwarf the impact of supply disruptions for industrial metals.

The IWCC, which represents copper and copper alloy fabricators, said the pandemic will reduce copper demand by 5.4% in 2020 but it could rebound by 4.Asian Metal CopyrightThe global copper market is expected to be in surplus by 285,000 tonnes this year as a result of the COVID-19 pandemic, with the overhang rising to 675,000 tonnes in 2021, an industry body said in a report.Asian Metal Copyright4% in 2021.

Refined copper production this year is forecast to be 22.91 million tonnes against demand of 22.Asian Metal Copyright4% in 2020 before climbing 5.Asian Metal Copyright625 million tonnes.Asian Metal Copyright In North America, including the United States, Canada and Mexico, refined copper demand this year is expected to slip 6.Asian Metal Copyright In 2021 output is expected to rise to 24.Asian Metal Copyright625 million tonnes.Asian Metal Copyright3 million tonnes, with demand at 23.Asian Metal Copyright4% in 2021.Asian Metal Copyright625 million tonnes.

In China, which accounts for roughly half of global copper consumption, refined copper demand is seen falling by 2.8% to 11.Asian Metal Copyright The forecast from the International Wrought Copper Council IWCC is against the backdrop of coronavirus-related demand destruction that is expected to dwarf the impact of supply disruptions for industrial metals.Asian Metal Copyright87 million tonnes this year but rising 2.Asian Metal Copyright175 million tonnes in 2021.Asian Metal Copyright6% to 12.Asian Metal Copyright .Asian Metal Copyright175 million tonnes in 2021.

In Europe, refined copper consumption will slide 6.4% in 2020 before climbing 5.Asian Metal Copyright4% in 2021.Asian Metal Copyright4% to 2.Asian Metal Copyright In Europe, refined copper consumption will slide 6.Asian Metal Copyright927 million tonnes next year.

In North America, including the United States, Canada and Mexico, refined copper demand this year is expected to slip 6.9% to 2.Asian Metal Copyright3 million tonnes, with demand at 23.Asian Metal Copyright223 million tonnes before registering a 5.Asian Metal Copyright In China, which accounts for roughly half of global copper consumption, refined copper demand is seen falling by 2.Asian Metal Copyright3% upturn in 2021.

.Asian Metal Copyright The forecast from the International Wrought Copper Council IWCC is against the backdrop of coronavirus-related demand destruction that is expected to dwarf the impact of supply disruptions for industrial metals.Asian Metal Copyright