https://newsletter.mw.creamermedia.com
Copper
Copper
copper

Chile regulator: Copper prices have likely peaked as US-China trade war looms

8th April 2025

By: Reuters

  

Font size: - +

SANTIAGO - Chile's state copper commission Cochilco on Monday said that prices for the red metal have likely already peaked this year amid an escalatingtrade war, as U.S. President Donald Trump threatened to further increase tariffs on China.

"Base metals, including copper, are likely to have peaked in 2025 as they will be negatively impacted by the trade dynamics between the US and China," Cochilco said in a statement.

It added that average copper prices are forecast to stay above $4 per pound this year.

Cochilco said that if current economic and geopolitical conditions continue, its forecast would weaken.

"In this context, demand would slow down compared to the assumptions considered at the beginning of the year, which would compensate for the shortage of supply. This dynamic would support the price of the metal," Cochilco added.

Edited by Reuters

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Nebula Safety Boot
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (02/05/2025)
2nd May 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.105 0.189s - 144pq - 2rq
Subscribe Now