Promoviendo la libertad individual y los mercados libres
The Cobin Brief · Thursday, August 27, 2026
Cochilco has raised its 2026 average copper-price forecast to US$5.95 a pound (holding 2027 at US$5.10) after the metal set a record on 4 August — yet the same forecast puts Chilean output at 5.27 million tonnes in 2026, down 2.6% from 2025. Chile will earn more from copper while digging less of it: a terms-of-trade windfall the state did not earn through productivity, and one the political calendar is tempted to spend as if it were permanent income.
