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7/9/13

Chile's copper people at Cochilco drop their 2013 copper price forecast

Yesterday evening Cochilco dropped its forecast for the 2013 average price per Lb of copper to U$3.27/lb, from the U$3.52 of May, proving once again that they're dumbasses on the subject.

please note the cut down Y-axis, done to show contrast and not to fool you

Source here.