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Chile's copper-bottomed bet

机译:智利的铜底赌注

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摘要

Chile, the world's largest copper producer, accounted for around a third of global output last year, exporting 5.4M tonnes. But Chile's output slumped 4.8% in the first eight months of this year, to 3.4M tonnes, topped off by an 8.7% drop in August output. Snowstorms and labour unrest have curtailed production at the mines of BHP Billiton and state-owned CODELCO, mining minister Hernan de Solminihac acknowledged last month. Another potential concern for Chile's copper trade is flagging demand. Copper prices plummeted 25% in September; the most recent quarter's decline was the sharpest since 2008.
机译:智利是全球最大的铜生产国,去年约占全球总产量的三分之一,出口了540万吨。但是智利今年前八个月的产量下降了4.8%,至340万吨,8月份的产量下降了8.7%。矿业部长埃尔南·德·索尔米尼哈克(Hernan de Solminihac)上月承认,暴风雪和动荡局势削弱了必和必拓和国有CODELCO矿山的产量。智利铜贸易的另一个潜在问题是需求下降。 9月份铜价暴跌25%。最近一个季度的跌幅是2008年以来最大的跌幅。

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