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Live Updates  >  Live Update Details

2026-10-31 01:42:25

The Chilean Copper Commission (Cochilco) has raised its average copper price forecast for 2026 to $6.18 per pound and its forecast for 2027 to $5.95 per pound. As a key regulatory and research body for the global copper industry, Copperco's price predictions are typically a crucial reference for global mining companies' investment planning and downstream copper-consuming industries' cost accounting. This upward revision of its copper price forecasts for the next two years reflects, to some extent, the institution's expectation of a tight supply-demand balance in the medium- to long-term copper market.

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