{"id":1183767,"date":"2020-05-11T21:30:00","date_gmt":"2020-05-12T02:30:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=6421ae3ec378405eccaec49be27e5fed"},"modified":"2020-05-11T21:31:16","modified_gmt":"2020-05-12T02:31:16","slug":"chile-mining-trade-group-sees-copper-supply-glut-of-200-000-t-in-2020","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1183767","title":{"rendered":"Chile mining trade group sees copper supply glut of 200 000 t in 2020"},"content":{"rendered":"<p>The copper market will see a supply glut of 200 000 t this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters.<\/p>\n<p>Diego Hernandez, president of Sonami, an association of mining companies with operations in top producer Chile, said both supply and demand would drop as the global economy falters.<\/p>\n<p>&#34;With the information we have today, we expect a 3.5 to 4% decrease in demand,&#34; Hern\u00e1ndez told Reuters by email.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The copper market will see a supply glut of 200 000 t this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters.<\/p>\n<p>Diego Hernandez, president of Sonami, an association of mining companies wit&#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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