Chilean copper shipments rebound amid tight global supplies

shipments of Chilean copper They rebounded in March after outages in the first two months of the year, a welcome boost amid tight global supplies of the metal.

Chilean copper sales fall to their lowest level since June 2020

Los revenue from copper exports from the main producing nation increased 33% from the previous month, reaching the highest level in more than a year, despite the fact that prices fell slightly on average, according to data published by the central bank on Monday.

Las figures suggest that the production is recovering after falling to a six-year low due to water restrictions, a series of operational setbacks and project delays.

That would mean relief for shares in the warehouses of the London Metal Exchange, which are close to the lowest level in 18 years, given that Chile represents a quarter of the copper that is extracted.

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