In April, copper prices eased a marginal 0.3% over the previous month, to finish at USD 9,371 per tonne (equivalent to USD 4.25 per pound), which marked the second consecutive monthly drop and saw prices remaining below the USD 9,858 per tonne peak recorded in February, the highest end-of-month on record. Despite the price drop, copper prices remain elevated and are 27.2% higher than in the same month last year. Prices are expected to remain high, as China's copper demand strengthens throughout the year. High prices for copper, which accounts for half of the country's total exports, saw exports expand 31.5% year-on-year in March and had export revenues soaring. The 3-month sum in exports reached USD 20.0 billion in March, which exceeded the USD 19.7 billion peak recorded in May 2008 for the fourth consecutive month.
Copper prices ease in April
May 1, 2011
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
The Chilean government presented the most austere budget proposal in over a decade on 30 September.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.