5/8/2024
USAGE AND SUPPLY TRENDS IN JAN-FEBRUARY 2024 – ICSG
According to preliminary International Copper Study Group ( ICSG ) data, this are figures of copper world production and usage (thousand tonns) :
JAN-FEBRUARY 2024 :
world mine PRODUCTION (concentrates and SX-EW) = 3,624 ;
world mine CAPACITY = 4,734 ;
primary refined PRODUCTION (A) = 3,785 ;
secondary refind PRODUCTION (B) = 761 ;
Total A+B = 4,546 ;
world refined USAGE (C ) = 4,350 ;
balance A+B-C = +196 (surplus).