Chile's April Copper Exports Value $3.15B Vs $2.02B-Shanghai Metals Market

Hot Keywords

  • Rare earth
  • Aluminium
  • Macroeconomics
  • Sales data
  • Customs data
  • Copper
  • Inventory data
  • MMi Iron Ore Port Index
  • precious metals
  • Futures movement
  • Zinc
  • Tin
  • Rare earths
  • Market commentary
  • Evening comments

Chile's April Copper Exports Value $3.15B Vs $2.02B

Industry News 09:16:59AM May 18, 2010 Source:SMM

SANTIAGO, May 17, 2010 (Dow Jones Commodities News via Comtex) -- The value of Chile's copper exports in April jumped to $3.15 billion from $2.02 billion in the same month the previous year, the central bank reported Monday, the result of sharply higher copper prices.

Chile's overall mining exports, including molybdenum, iron, silver, iodine and lithium, rose to $3.44 billion in April from $2.22 billion a year ago.

According to the state copper commission Cochilco, spot copper prices averaged $3.51 a pound on the London Metal Exchange in March, nearly double the $2 a pound averaged in March 2009.

Accumulated copper exports for the first four months of the year rose to $12.54 billion from $6.72 billion in the same 2009 period, while overall mining exports increased to $13.54 billion from $7.66 billion.

Chile is the world's largest copper producer, accounting for about a third of global production. It is also one of the world's biggest producers of iodine, lithium and molybdenum.
 

Chile's April Copper Exports Value $3.15B Vs $2.02B

Industry News 09:16:59AM May 18, 2010 Source:SMM

SANTIAGO, May 17, 2010 (Dow Jones Commodities News via Comtex) -- The value of Chile's copper exports in April jumped to $3.15 billion from $2.02 billion in the same month the previous year, the central bank reported Monday, the result of sharply higher copper prices.

Chile's overall mining exports, including molybdenum, iron, silver, iodine and lithium, rose to $3.44 billion in April from $2.22 billion a year ago.

According to the state copper commission Cochilco, spot copper prices averaged $3.51 a pound on the London Metal Exchange in March, nearly double the $2 a pound averaged in March 2009.

Accumulated copper exports for the first four months of the year rose to $12.54 billion from $6.72 billion in the same 2009 period, while overall mining exports increased to $13.54 billion from $7.66 billion.

Chile is the world's largest copper producer, accounting for about a third of global production. It is also one of the world's biggest producers of iodine, lithium and molybdenum.