The metal on the LME is worth $ 7,777.00 per tonne in three-month shipments, after a 0.1 percent increase.
“The restrictions imposed in China - due to environmental concerns - cause temporary production pauses for copper in village mills and disputes in copper mines in Chile and Peru, as well as associated with downtime in metal supplies when there is the greatest shortage of copper in the world metal markets since 2014 ”- in turn, believes the Chilean government agency Cochilco.
“Copper producers may have difficulty supplying metals because new copper ores are not being launched,” Cochilco said in a report.
Cochilco predicts that the average copper price could be $ 3.06 per pound in 2018, up from $ 2.95 per pound in October 2017.
On Monday (January 22), copper at the LME received $ 27 - up to $ 7,068.00 per tonne.
The previous 3 weeks of copper in the LME ended with a drop in quotes. This is the longest such discount range since September 2017.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 30 June 2025
19:00 Main metric capitalization: 577M (a year ago was 3 times more) 18:00 In 2025, China, the world leader in the production of alumina, increased its export to Russia by 16% to the level of 2024. In May, Russia purchased a record 183 thousand 12:00 Evraz received the OFSI license to sell the North American business 11:00 The program "Factory of Ideas" celebrated the 13th anniversary 10:00 "Sword" - salvation of drowning 10:00 However, while reducing coal production in the Russian market continues, the ruble will weaken and the key interest rate will decrease further. 08:00 The cost of electricity for industrial companies from July 1 will increase by more than 20% due to increased sales allowance 08:00 CMACP has identified sectors of the Russian economy that are under financial stress
Publications
29.06 Cast iron baths in the Sanok online store 29.06 Caddy battery - the heart of the van that does not tolerate compromises 27.06 Electricity in climatic design 24.06 Asseline reinforcement: why is it necessary and how it is performed 24.06 Is the refueling of the confectionerer: Chim is not incurred to Neschi Freona?
