16 de noviembre de 2016 / 1:52 / en 10 meses

Antofagasta CEO sees copper surplus next year, shortage after 2017

SHANGHAI, Nov 16 (Reuters) - Chilean miner Antofagasta Plc’s Chief Executive Officer Ivan Arriagada said on Wednesday he expects the global copper market to be in a “slight” surplus in 2017 before demand starts to outpace supply.

“In 2017, the market will have a slight surplus, but that will start switching faster than anticipated into a shortage after 2017,” Arriagada said in a speech at the Metal Bulletin Cesco copper conference in Shanghai.

Reporting by Josephine Mason and Melanie Burton; Editing by Kenneth Maxwell

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