Gold Silver Reports – The Biggest Warehouse Frauds of Recent Times – Metal Bulletin reviews key dates and events related to the 2014 Qingdao scandal and the nickel warehouse receipts forgery that was uncovered this year.
Base Metal
Copper Tests One Week Low
Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164000 tons for 2015. ICSG data showed that in December last year, the mine produced 1.771 million tons, global mine production capacity reached 2.035 million tons, mining capacity utilization rate was 87%.