Industry

Chile: Copper prices fall to near four-year low in March

In March, average copper prices fell to their lowest point since July 2016 as COVID-19 continued to rattle commodity markets. On average, prices for the red metal logged $5,183 per ton (equivalent to $2.35 per pound), down from February’s average price of $5,688 per ton (equivalent to $2.58 per ton). Meanwhile, prices were 19.5% lower than in the same month of 2019.

Source: FocusEconomics

Categories: Industry