Copper price, page-491

Today's commentary on Copper from Trading Economics:
Still, threats to global supply softened the retreat in prices as lower production in South America continued to drive shortage concerns. Output from top producer Chile slid 6.7% in the first three quarters of the year, with mine protests in Peru stifling the activity. Commodity trader Trafigura warned that global copper stocks have fallen to record lows, with current inventories being enough to supply world consumption for just 4.9 days. Finally, mining giant Glencore estimated a supply shortfall of 50 million tonnes in 2023.