Chile: Copper prices record ninth consecutive annual drop
May 1, 2015
In April, copper prices rose 1.7% over the previous month to an average of USD 2.74 per pound (equivalent to USD 6,039 per tonne), which represented a second consecutive increase. April’s increase followed the 3.7% gain recorded in the previous month.
In annual terms, average copper prices fell 9.5% in April, which followed the steeper 10.7% drop recorded in March. April’s result marked the ninth consecutive annual decline in prices.