Group 1 - The International Copper Study Group (ICSG) reports that the global refined copper market will experience a surplus of approximately 178,000 tons in 2025, followed by a shortage of 150,000 tons in 2026 [1] - Global copper mine production is expected to grow by 1.4% in 2025 and accelerate to 2.3% in 2026, while refined copper consumption is projected to increase by 3% in 2025 but decline to 2.1% in 2026 [1] - Refined copper production is forecasted to grow by 3.4% in 2025, with a significant slowdown to 0.9% in 2026 according to ICSG predictions [1] Group 2 - The International Nickel Study Group (INSG) anticipates a global nickel market surplus of 209,000 tons in 2025, which will further expand to 261,000 tons in 2026 [1] - Global nickel consumption is projected to reach 3.6 million tons in 2025 and increase to 3.82 million tons in 2026 [1] - INSG expects global nickel production to rise from 3.81 million tons in 2025 to 4.09 million tons in 2026, with stainless steel production continuing to grow during this period [1]
自然资源部：2025年全球精炼铜市场将过剩大约17.8万吨，2026年则将短缺15万吨
Zhong Guo Neng Yuan Wang·2025-10-09 09:05