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Cochilco: Copper in 2010 will cost $ 7 thousand.

The Chilean Copper Commission (Cochilco) announced that world production of the «red metal» in the world has a long-term trend of growth. However, in 2010 is forecast copper production Cochilco bit about the level of 2009, reaching 15.9 million tons, but next year it will increase to 16.3 million tonnes. Chile, as the main supplier of copper on the global market, will continue to to increase production over the next two years, thanks to the launch of new projects.

As for the world copper prices, Cochilco forecasts but its average value for 2010 of $ 7 thousand. For 1 ton, despite the various problems in the market, such as the difficulties in the European economy.

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