Chile Raises Copper Price Forecast for 2017

Published: Jul 11, 2017 15:57

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Rodrigo Valdes, Chile’s Finance Minister, said the Ministry raised the average copper price forecast from $2.20 to $2.50 per pound.

SHANGHAI, Jul. 11 (SMM) - Rodrigo Valdes, Chile’s Finance Minister, said the Ministry raised the average copper price forecast from $2.20 to $2.50 per pound, foreign media reported.

Goldman Sachs Bullish on Short-term Copper Price

Copper prices have slowly begun recovering from multi-year lows, and demand has shown signs of improving, while strikes and political disputes have tightened copper supply.

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