Copper Rises in Early Asian Trading on Tightening Supply
ANZ analysts cite Chile’s lowest copper output in 23 years as support. Chile’s finance minister expects output to fall 7% this year.
Copper prices are up in early Asian trading, supported by tightening supply. ANZ research analysts say in a commentary that Chile, the world’s largest copper producer, faces its lowest output in 23 years. Chile’s finance minister expects copper production to decline 7% this year, with only a minor rec…