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Cochilco drops its copper price forecast for 2014

Well that didn’t take long. Just four months into the year and Chile’s metal beancounter brigade at Cochilco has decided that its U$3.15/lb forecast for copper in 2014 is too rich, so this morning they’ve dropped it to U$3.05/lb.
For 2015, they’re still going with U$3.00/lb.
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