Chile's copper exports increased by 0.6% in June compared with the same period last year.

Published: Jul 8, 2020 08:17

Source: Mandarin Finance and Economics

Save

SMM: Chile's trade surplus in June was US $1.391 billion, while copper exports were US $2.67 billion, up 0.6 per cent from a year earlier, the Chilean central bank said on Tuesday.

Exports totaled US $5.414 billion, up 2.3 per cent from the same period last year, while imports fell significantly by 18 per cent to US $4.023 billion due to blockade measures in Chile affected by the new crown virus outbreak.

Chile's leading copper miners have produced more copper since early April than they did a year ago. But copper prices rose in June as unions warned of a "worrying" increase in the number of workers suffering from illness and companies would reassess operational continuity.

Scan the code to apply to join the SMM industry communication group:

Import and export mining Chile copper

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

[SMM Analysis] The "Counter-Cyclical" Logic of Copper Smelting: When Sulfuric Acid Becomes the Main Product

[SMM Analysis: The "Counter-Cyclical" Logic of Copper Smelting: When Sulfuric Acid Becomes the Main Product]

11 hours ago

12 hours ago

BC Copper 2604 Closed Lower with a Wide Trading Range, Pressured by Both Geopolitics and Interest Rate Cut Expectations [SMM BC Copper Commentary]

12 hours ago

Inner Mongolia Approves 500 kV Project, Boosting Ordos City's Power Grid in 14th Five-Year Plan

Recently, the 500 kV transmission and transformation project of Jiri (Kusha II) was officially approved by the Energy Bureau of Inner Mongolia Autonomous Region, marking a good start for the power grid construction of Ordos City in the first year of the 14th Five-Year Plan. The project is located in the territory of Hangjin Banner, with a total investment of 1.52554 billion yuan. It is a key hub project to ensure the output and consumption of new energy power in the northwestern region of Hangjin Banner. The project plans to build one 500 kV substation and about 194 km of 500 k V lines, which will pass through Hangjin Banner and Dalad Banner.

12 hours ago