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Copper poised for boost from Chile's troubled politics

A modest increase in the copper price over the past week could be more significant than it appears as the world’s premier copper-producing country, Chile, slides towards a political crisis which has an echo of the disastrous 1970s.

Copper poised for boost from Chile's troubled politics Copper poised for boost from Chile's troubled politics Copper poised for boost from Chile's troubled politics Copper poised for boost from Chile's troubled politics Copper poised for boost from Chile's troubled politics

The price rise from US$4.31 a pound to $4.39/lb took copper back to where it was for much of the past two months, albeit well down on the recent peak of $4.80/lb, or more than $10,500 a tonne.