Core Insights - The global copper market is expected to shift to a supply shortage of 150,000 tons by 2026, according to Paul White, Secretary-General of the International Copper Study Group (ICSG) [2] - Global copper mine production is projected to grow by 2.3% in 2026, while apparent refined copper usage is expected to increase by 2.1% in the coming year [2] - The growth rate of copper production is anticipated to slow to 0.9% in 2026, down from a forecasted 3.4% in 2025 [2] Industry Challenges - China's copper industry faces three major challenges: increasing dependence on foreign upstream resources, overcapacity in the midstream processing sector, and downstream demand being suppressed by high copper prices [2] - To assist the industry in navigating these challenges, Shanghai Nonferrous Metals Network (SMM) has collaborated with copper industry enterprises to compile a bilingual distribution map of the Chinese copper industry chain for 2026 [2]
ICSG秘书长：全球铜市2026年将转为供应短缺15万吨
Wen Hua Cai Jing·2025-11-27 07:53