SANTIAGO, May 4 (Reuters) - The Chilean Copper
Commission (Cochilco) on Thursday raised its projection for
average copper prices in 2023 to $3.90 per pound, citing a
weaker U.S. dollar in global markets, perceived supply risks and
an expected 5% economic growth in China.
In January, Cochilco had projected price for copper at $3.85
per pound this year. The state commission sees prices slowing
down next year to an average $3.80 per pound, it added. Chile is
the world's largest copper producer.
(Reporting by Natalia Ramos; Editing by Steven Grattan)
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