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Chile copper commission raises price estimate to $5.55/lb this year

SANTIAGO, May 19 (Reuters) - Chilean state copper commission Cochilco on Tuesday raised its price estimate for the red metal to $5.55 per pound for this year, citing strong global demand and tight supply.

Cochilco also hiked its estimate for 2027 to $5.10 per pound.

 (Reporting by Natalia Ramos and Daina Beth Solomon; Editing by Aida Pelaez-Fernandez)

 ((Kylie.Madry@thomsonreuters.com;))

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