Healthy demand for copper from China could push prices beyond levels forecast by the industry, according to the head of Codelco, the world's biggest copper producing company.
Diego Hernández, who took over as chief executive of the Chilean state company in May, said he was “optimistic, but not over optimistic” on prices in the medium to long term.
China accounts for a third of world demand. If its appetite for copper to fuel its industrial boom continues – “and it should continue”, Mr Hernández said, then demand for the metal, which has been growing at about 3 per cent in recent years, should stay strong.
您已閱讀34%（610字），剩余66%（1175字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。