Chile: Copper prices drop at fastest pace in four months
October 1, 2014
In September, copper prices fell 1.9% over the previous month to an average of USD 3.12 per pound (equivalent to USD 6,872 per tonne). September’s decrease followed the 1.5% drop recorded in August and marked the largest drop in six months.
In annual terms, average copper prices fell 4.0% in September, which followed the 2.6% drop recorded in August. September’s result marked the fastest drop in four months.
Author: Dirina Mançellari, Senior Economist