BHP News: UPDATE 1-Chile's Cochilco raises 2023 copper price forecast to $3.85/lb - 27th Jan 2023, 3:27am

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SANTIAGO, Jan 26 (Reuters) -

State-owned Chilean Copper Commission (Cochilco) on Thursday raised its projection for 2023 copper prices to $3.85 per pound, up from a December estimate of $3.70 a pound, as inventories worldwide drop.

Cochilco also pegged its estimated 2024 copper price at an average of $3.65 a pound.

In a statement, Mining Minister Marcela Hernando said that "the easing of the zero COVID-19 policy in China; the moderation of North American monetary policy due to...

>>> Read more: UPDATE 1-Chile's Cochilco raises 2023 copper price forecast to $3.85/lb
 
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