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Chile copper commission raises price estimate to $5.55/lb this year

Tue, 19th May 2026 16:11

SANTIAGO, May ​19 (Reuters) - ⁠Chilean ​state copper commission ​Cochilco ‌on ⁠Tuesday raised ⁠its price ​estimate for the red metal ​to $5.55 ‌per pound ​for this ‌year, citing strong global demand ‌and tight supply.

Cochilco also ​hiked its ‌estimate for 2027 to $5.10 ⁠per pound. (Reporting ⁠by ‌Natalia Ramos ​and Daina ​Beth ‌Solomon; Editing by Aida Pelaez-Fernandez)

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