off-the-wire

Cochilco set to considerably increase copper price forecast

Kitco Media
By Reuters
Published:
Updated:
Reuters
Cochilco set to considerably increase copper price forecast teaser image

The state-run Chilean Copper Commission (Cochilco) will soon revise its copper price outlook, which will be considerably higher than the previous forecast, the body’s technical head said on Tuesday.

Going forward, Cochilco is “moderately optimistic” on how copper prices will evolve, vice president Joaquin Morales told journalists.

(By Fabian Cambero and Kylie Madry; Editing by Alexander Villegas)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.