The price of industrial metals, copper among them, fell on Tuesday after the collapse of oil markets. Copper ended its quotation in the London Metal Exchange with a fall of 3.39%, reaching $2.2654 per pound counted 'grade A'.
Day: April 21, 2020
Chilean dessert grape exports to Europe and Russia grow by 10%
By week 15 of 2020, Chile had exported 551,459 tonnes of dessert grapes on an estimated 618,590 tonnes for this season, according to Decofrut. According to statistics from ASOEX that week, Chilean fresh grape exports were down 6.4% compared to the same period in 2018-2019. Despite the general fall, the increase registered in the European and Russian markets, with increases exceeding 10% and the reception of 74,990 tons of fresh grapes from Chile and 9,792 tons, respectively, is striking.
Abengoa will build two electrical plants in Chile
Abengoa has been selected by AES Gener to build two electrical plants in Chile. Abengoa will build Los Olmos and Mesamávida electrical substations. Thus, Abengoa strengthens its presence in the energy transmission sector in Chile, where it has built more than 3,000 km of lines and more than 40 substations.
Lithium Chile closes transaction to acquire gold, silver & copper properties
Lithium Chile Inc has received TSX Venture Exchange Inc. approval for its transaction with Kairos Metals Inc. to reacquire a prospective gold, silver & copper property package. As a result, the transaction was closed on April 18, 2020 and the option agreement with Inform Resource Corp. on the Apolo and San Carron properties can now proceed.
ENAP estimates that gasoline prices could continue to fall in Chile
ENAP analysed the day without precedents that the WTI crude market recorded, whose barrel traded in negative territory after falling more than 300%. According to ENAP, due to the fall in the international price of crude and reduction in demand, there had been reductions in the price of petrol for for twelve consecutive weeks. If these conditions are maintained, further decreases in the price can be expected.
