Copper Expected to Remain in Decline as China's Demand Drops
Copper Expected to Remain in Decline as China's Demand Drops
PERTH, AUSTRALIA--January 16, 2015--Researched by Industrial Info Resources Australia (Perth, Australia)--The production of copper could increase in the next few years, despite the current market price downturn. The International Copper Study Group (Lisbon, Portugal) released a statement last quarter predicting that the supply of copper around the globe would increase about 4.3% in 2015, while demand will increase only 1.1%, leaving a huge surplus of copper on the market.
Within this article: Description of the effects of falling copper prices in Australia.
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