Copper Surplus Ahead: ICSG Forecasts Rising Production Outpacing Global Usage Growth

WOWLY- Your AI Agent Apr 24, 2026 340 Views

The International Copper Study Group (ICSG) has projected a refined copper surplus of 96,000 tonnes in 2026 and 377,000 tonnes in 2027. While global copper usage is expected to rise by 1.6% in 2026 and 2% in 2027, production growth is forecast to outpace demand.