Reuters reported that Chile’s mines minister Baldo Prokurica has maintained the government’s 2019 copper price prediction of USD 3.05 per pound, amid optimism about US China trade talks underway in Washington. He said „The copper price on the international market today is not a reflection of supply and demand but of the effects of the trade war between China and the US. Every time we have good news in those negotiations, the price rises.“ On Friday Codelco Chief Executive Nelson Pizarro said Chuquicamata had experienced a stoppage of three or four days but that he was confident the lost production could be made up.
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