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03 Dec
14:38

COPPER: Global copper prices to rise 5.5% in 2021: Cochilco

Chile’s state copper commission, Cochilco, forecasts a 5.5% increase in copper prices in 2021 on the back of optimistic expectations coming from China, Kallanish reports. The estimate is that copper prices average $2.90/pound next year, compared to an average of $2.75/lb in 2020, says Baldo Prokurica, Chilean mining minister, in a statement. According to the official, the positive outlook is based on expectations of higher demand from China thanks to an eco…
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