Economics

Codelco Sees Solid Interest From China for Copper Contracts

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Codelco, the largest copper producer, said there’s “sound and solid” interest from customers in China for next year amid signs of an economic recovery in the world’s biggest market for the metal.

“There’s a lot of optimism regarding copper demand going forward,” Chief Executive Officer Thomas Keller said today in an interview in Shanghai. Demand may grow about 5 percent to 7 percent next year in China, he said, citing analysts’ estimates.