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Poland’s KGHM expects 2019 average copper price at $6,100-6,300/t

Reuters | January 16, 2019 | 8:23 am Base Metals Europe Copper

Poland’s copper producer KGHM expects an average copper price this year at $6,100-$6,300 per tonne, the company’s Chief Executive Marcin Chludzinski said on Wednesday.

“We refer to lower end of copper price range forecast by analysts and we assume an average copper price at $6,100-$6,300 per tonne. I think this is realistic, today the price has neared $6,000,” Chludzinski told Reuters.

(Reporting by Wojciech Zurawski; Writing by Agnieszka Barteczko; Editing by David Evans)