In October 2025, the global refined copper supply will be short by 0.14 million tons.

According to reports, the latest report released by the World Bureau of Metal Statistics shows that in October 2025, global refined copper production was 2.2419 million tons, consumption was 2.2433 million tons, with a shortage of 0.14 million tons in supply. From January to October 2025, global refined copper production was 22.6095 million tons, consumption was 22.5734 million tons, with an excess supply of 0.361 million tons. In October 2025, global copper concentrate production was 1.559 million tons, and from January to October 2025, global copper concentrate production was 15.305 million tons.