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Copper supply falls short in September quarter

Global copper production continues to surprise to the downside, undermining hope of a significant market surplus over the next two or three years, analysis from US investment bank Jefferies shows.

Copper supply falls short in September quarter Copper supply falls short in September quarter Copper supply falls short in September quarter Copper supply falls short in September quarter Copper supply falls short in September quarter

Output from those producers that have reported figures for the September quarter shows production is up just 0.9% year-on-year.