"Loving, but discreet" copper scene in the story of 2019 Chile's Copper Commission (Cochilco), next year, the average metal price will exceed $ 3 pounds.
Cochilco expects the copper to expand for $ 3.05 next year to increase its growth by adding metal deficits and better international scenarios with a moderate war trade.
This was stated by Cochilco market coordinators, Víctor Garay.
According to experts, China and US negotiations have had positive consequences, it would push the country's largest export, according to a Catholic university academy, Gustavo Lagoshttps://media.biobiochile.cl/wp-content/uploads/2018/12/cuna-cobre-lagos.mp3
For the Executive Director of Plusmining, Juan Carlos GuajardoIn the second half of 2019, prices could be higher than $ 3, if China is promoting its economy.https://media.biobiochile.cl/wp-content/uploads/2018/12/cuna-cobre-guajardo.mp3
The mining ministry, Baldo Prokurica, said that they see the "good eyes" of 2019, taking into account the investment in the mining sector in the last quarter.https://media.biobiochile.cl/wp-content/uploads/2018/12/cuna-cobre-ministro.mp3
On Friday, the price of copper was closed at $ 2, with 73 cents pounds, which meant an increase of 0.5% last Friday after four weeks.
Recovery of the global stock market and the rise of dollar due to the partial closure of the US government, according to Cochilco.