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Copper price fall to squeeze Chile

Chile’s mining minister Baldo Prokurica has said he expects copper prices to rebound from three-year lows of US$2.10 per pound in May or June as the worst of the Covid-19 virus outbreak passes and efforts by China to restart its economy kick into full swing.

Copper price fall to squeeze Chile Copper price fall to squeeze Chile Copper price fall to squeeze Chile Copper price fall to squeeze Chile Copper price fall to squeeze Chile

Copper cathodes in Chile

"This is one of the lowest prices for a decade and unfortunately this will last as long as the coronavirus issue exists.