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Copper price to average at $2.6/lb in 2017-18th China(Guangzhou)Int¡¯l Non-Ferrous Metal£¨Copper£©Exhibition 5/31/2017 Copper exhibition -non-ferrous metals expo |
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According to the result of questionnaire survey made by the Chile''s Copper Commission (Cochilco) to 14 experts, the international average copper price was predicted at US$2.50~2.75/lb in 2017.
Among 14 experts, 11 experts predicted that the copper market would be a shortage this year with an average of 151,000 tons, while the other 3 experts predicted an excess of 183,000 tons.
As of May 18th, the international copper average price was US$2.62/lb this year, up by 20% compared with US$2.14/lb last year.
-18th China(Guangzhou)Int¡¯l
Non-Ferrous
Metal£¨Copper£©Exhibition
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