Chile copper price hit a record US$6.60 a pound this week, but the government's 2027 budget still assumes just US$5.37 a pound.
CHILE · ECONOMY
Key Facts
—What happened Copper prices touched about US$6.60 a pound this week, a record rarely seen before now.
—The scale Mine troubles in Chile, Indonesia and Congo plus heavy stockpiling in the United States are tightening world supply.
—What it means Chile’s new 2027 budget still assumes a cautious average price of just US$5.37 a pound.
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