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Freeport-McMoRan CEO sees smaller-than-expected copper surplus this year
2015年1月27日 / 下午3点38分 / 3 年前

Freeport-McMoRan CEO sees smaller-than-expected copper surplus this year

NEW YORK, Jan 27 (Reuters) - The copper market surplus this year will be smaller than expected due to disruptions in mines and low exchange inventory, Freeport-McMoRan Inc chief executive officer Richard Adkerson said on Tuesday.

In a conference call with analysts following the release of fourth-quarter results, he said the market remains “relatively tight” due to below-average exchange inventory. (Reporting by Josephine Mason; Editing by Chizu Nomiyama)

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