Chilean copper exports reach US US $36.337 billion in 2020
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The Central Bank reported on Thursday that the value of Chilean copper exports increased in December, amid a sustained recovery in global metal prices despite the impact on production, as a result of the coronavirus pandemic. The appreciation of shipments of the red metal climbed 6.7% year-on-year to US $ 3,747 million in the twelfth month. In the year, it accumulated shipments for US $36.337 billion, an advance of 8.26% compared to 2019. The increase occurs despite the fact that the industry has had to face the restrictions imposed to prevent the spread of the coronavirus, which arrived in Chile in March. Last week copper soared to its highest level since February 2013 in a day marked by the advantage of Democrats in control of the United States Senate and a blockade that threatened to reduce the supply of an important deposit in Peru. In Chile, the world’s largest copper producer, global giants operate such as state-owned Codelco, BHP, Glencore, Anglo American, Freeport McMoRan and Antofagasta Minerals. Source: Chanarcillo.cl
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