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MercoPress, en Español

Montevideo, November 5th 2024 - 14:42 UTC

Tag: bull market

  • Tuesday, November 24th 2020 - 09:22 UTC

    Chile expects a bull market for copper next year

    In August, Cochilco’s price estimate was US$ 2.62 per pound for 2020 and US$ 2.85 per pound for 2021

    Chile’s copper production will likely rise by 0.6% to 5.82 million tons in 2020, state copper commission Cochilco said on Monday, and to 5.99 million tons in 2021. Cochilco estimated that the copper price will average US$ 2.75 per pound in 2020, before rising to US$ 2.90 per pound in 2021.