off-the-wire

Chile’s copper output rises in June, manufacturing production down

Kitco Media
By Reuters
Published:
Updated:
Reuters
Chile’s copper output rises in June, manufacturing production down teaser image

Copper output in Chile, the world’s largest producer of the metal, rose 5.1% year-on-year in June to 447,294 metric tons, statistics agency INE said on Friday.

Manufacturing production in the Andean nation was down 3.2% in the month on a yearly basis, the agency added. This was less of a decrease than what was expected by economists polled by Reuters, who anticipated a 6% decrease.

(By Aida Pelaez-Fernandez and Natalia Ramos; Editing by Chizu Nomiyama)

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.