Cochilco Increases Copper Price Forecast Through 2026

November 21, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Cochilco, the Chilean mining authority, has raised its copper price forecast for this year and next. Initially expected at US$4.3 per pound in 2025 and 2026, Cochilco now expects its copper price for 2025 to be US$4.45 per pound and for 2026 to be US$4.55 per pound.The price increase is the result of the U.S. dollar weakness, changes by the U.S. Federal Reserve, lower-than-expected copper supply, and ge