……five year LME copper warehouse stocks and five year copper spot price.
They go very well with this report from Reuters:
SINGAPORE, Nov 21 (Reuters) - The world refined copper market saw a surplus of 74,000 tonnes between January and August this year, versus a surplus of 22,000 tonnes in the year-ago period, the International Copper Study Group (ICSG) said in its latest monthly bulletin.
The Lisbon-based ICSG said world refined copper output in January to August was 12,221 million tonnes, while consumption reached 12,147 million tonnes. World refined copper consumption and supply trends, 2007-2008, in thousands of tonnes:
Jan-July 08 Jan-July 07 World mine production 10,061 10,161 World mine capacity 12,187 11,838 Mine capacity utilization (pct) 82.6 85.8 Primary refined production 10,411 10,093 Secondary refined production 1,810 1,784 Refined production 12,221 11,877 (secondary+primary) World refinery capacity 14,893 14,262 Refinery capacity utilization (pct) 82.1 83.3 World refined consumption (1) 12,147 11,854 Refined stocks (end of period) 1,293 1,223 Period stock change -129 96 Refined surplus/deficit (2) 74 22 Refined surplus/deficit 206 149 (seasonally adjusted) (3)
(1) = Based on EU apparent usage.
(2) = Surplus or deficit is calculated using total refined production minus refined consumption.
(3) = Surplus or deficit is calculated using seasonally adjusted refined production minus seasonally adjusted refined usage. (Reporting by Nick Trevethan; Editing by Ben Tan)