News: BHP Chile's Cochilco raises 2023 copper price forecast to $3.85/lb

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    SANTIAGO, Jan 26 (Reuters) - The state-owned Chilean Copper Commission (Cochilco) on Thursday raised its projection for 2023 copper prices to $3.85 per pound, up from a December estimate of $3.70 a pound, as inventories worldwide drop.

    Cochilco also pegged its estimated 2024 copper price at an average of $3.65 a pound.

 
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