LONDON, March 17 (Reuters) - The global copper market recorded an 86,900 tonne surplus in January, the World Bureau of Metal Statistics (WMBS) said on Wednesday.
"In January 2010, refined copper production was 1613.0 kt and consumption was 1526.1 kt", the British-based consultancy said in its monthly report.
World copper mine production in January was 1.29 million tonnes, 2.6 percent higher than in the same month last year.
The market was in a 246,500 tonne surplus in the whole of last year, WBMS said.
Reported copper stocks in January were 51,000 tonnes higher than in December 2009.
WBMS puts Chinese apparent consumption in January at 591,000 tonnes, up from 482,000 tonnes in January 2009.
The group said it makes no allowance in its consumption calculation for unreported stock changes, particularly in the Chinese government stockpile.
The global aluminium market was in a 156,000 tonne surplus in January, down from 309,000 tonnes in the same month last year. In 2009, primary aluminium production outpaced consumption by 580,000 tonnes.
WBMS said the zinc market was in surplus by 119,000 tonnes in January 2010, compared with a 386,000 tonne surplus for the whole of 2009.
The lead market was in a 5,000 tonne deficit in January, with surpluses of 15,500 tonnes and 500 tonnes for nickel and tin respectively, according to WBMS.
(Reporting by Karen Norton; edited by James Jukwey)
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