Chile's Cochilco forecasts average copper price above $4 per pound this year

Reuters
2025/04/08
Chile's Cochilco forecasts average copper price above $4 per pound this year

SANTIAGO, April 7 (Reuters) - Chile's state copper commission Cochilco on Monday said it expects the average copper price to stay above $4 per pound this year.

It added that prices for base metals, including copper, have likely reached their peak for the year and will be hit by U.S.-China trade dynamics.

(Reporting by Fabian Cambero, Writing by Daina Beth Solomon; Editing by Anthony Esposito)

((daina.solomon@thomsonreuters.com;))

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