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Home / Metal News / Chile Antofagasta: Copper Price to Find Support from $2.40-2.70 per tonne

Chile Antofagasta: Copper Price to Find Support from $2.40-2.70 per tonne

Jan 26, 2017 09:32

Source:SMM

Chile-based Antofagasta CEO said January 25 copper prices to be solidly supported at $2.40-2.70 per tonne, according to wenhua.com.

SHANGHAI, Jan. 26 (SMM) - Chile-based Antofagasta CEO said January 25 copper prices to be solidly supported at $2.40-2.70 per tonne, according to wenhua.com.

LME copper surged 18% in 2016. But China’s demand is still uncertain, which constrained price forecast for copper in 2017. China’s copper consumption claims 20% of world’s copper output.

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