Chile: Copper prices in June register 11th consecutive annual drop
July 1, 2015
In June, copper prices fell 7.3% over the previous month to an average of USD 2.65 per pound (equivalent to USD 5,833 per tonne), which represented a first monthly decrease after three consecutive increases and contrasted the 4.2% gain registered in May.
In annual terms, average copper prices fell 14.5% in June, which followed the milder 8.7% drop recorded in May. June’s result marked the 11th consecutive annual decline in prices.