# 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. - Canonical URL: https://newsverum.com/en/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026 - Publisher: Newsverum - Section: Business - Country: Chile - Published: 2026-10-21T00:44:00+00:00 - Updated: 2026-10-21T00:44:00+00:00 - Event / data period: 2026-10-16 - Other editions: [Türkçe](https://newsverum.com/tr/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md), [العربية](https://newsverum.com/ar/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md), [Français](https://newsverum.com/fr/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md), [Español](https://newsverum.com/es/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md), [Deutsch](https://newsverum.com/de/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md), [Português](https://newsverum.com/pt/news/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026.md) 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. Methodology: Price, year-to-date average and inventory changes are transcribed from Cochilco’s weekly report. | date | label | description | status | |---|---|---|---| | 2026-10-16 | Weekly closing price | $6.60 per pound; weekly change −0.64%. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026/data/cochilco-weekly-copper-market-observation?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/cochilco-weekly-copper-report-says-price-fell-0-64-percent-by-october-16-2026/data/cochilco-weekly-copper-market-observation?lang=en&format=csv) ## Sources - [Comisión Chilena del Cobre (Cochilco)]() (Source checked: 2026-10-21; Published: 2026-10-16) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)