Cochilco says copper fell 0.64% over the week to 16 October
Copper closed at $6.60 per pound, down 0.64% from the previous week, in Cochilco’s report covering 12–16 October. Its year-to-date average reached $6.12 per pound.
Event / data period: 2026-10-16
Published: · Updated:
Cochilco’s weekly report dated 16 October put copper’s closing price at $6.60 per pound, a 0.64% decline from the previous week’s close. The average price for 2026 to date reached $6.12 per pound.
The report attributed the correction to the Escondida labor agreement, US inflation pressures and investor selling. Metal withdrawals in London and a weaker dollar toward week’s end moderated the decline; global exchange inventories nevertheless rose during the week.
Data
Weekly copper market summary
Cochilco market summary for the week of 12–16 October.
- · Occurred
Weekly closing price
$6.60 per pound; weekly change −0.64%.
Methodology
Price, year-to-date average and inventory changes are transcribed from Cochilco’s weekly report.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlywww.cochilco.cl ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- Chile · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.cochilco.cl ↗