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<oembed><version>1.0</version><provider_name>AmCham Chile</provider_name><provider_url>https://amchamchile.cl/en/</provider_url><title>Perspectivas para los Precios del CobreThe Outlook for Copper Prices - AmCham Chile</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="1n6Hn9K5Td"&gt;&lt;a href="https://amchamchile.cl/en/noticia/perspectivas-para-los-precios-del-cobre/"&gt;&lt;!--:es--&gt;Perspectivas para los Precios del Cobre&lt;!--:--&gt;&lt;!--:en--&gt;The Outlook for Copper Prices&lt;!--:--&gt;&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://amchamchile.cl/en/noticia/perspectivas-para-los-precios-del-cobre/embed/#?secret=1n6Hn9K5Td" width="600" height="338" title="&#x201C;&lt;!--:es--&gt;Perspectivas para los Precios del Cobre&lt;!--:--&gt;&lt;!--:en--&gt;The Outlook for Copper Prices&lt;!--:--&gt;&#x201D; &#x2014; AmCham Chile" data-secret="1n6Hn9K5Td" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><description>Los precios del cobre han permanecido inesperadamente altos durante el primer trimestre del a&#xF1;o y, consecuentemente, hemos revisado nuestros supuestos para el actual per&#xED;odo, as&#xED; como nuestros pron&#xF3;sticos para los pr&#xF3;ximos siete a&#xF1;os. Hab&#xED;amos supuesto que el ciclo actual presentar&#xED;a una baja a comienzos del 2005, en la que los precios reflejar&#xED;an el impacto de una desaceleraci&#xF3;n del PIB de China, desde la cifra estimada el a&#xF1;o pasado de 10,6%, a la prevista para este a&#xF1;o de 8,8%.Copper prices remained unexpectedly strong in the first quarter and, as a result, we have reviewed our assumptions for the current cycle and our forecasts for the next several years. We had assumed that the current cycle would turn down at the beginning of 2005, with prices reflecting the impact of a deceleration in business inventory restocking, a rebuilding of metals inventories, and a drop in China&#x2019;s GDP growth from an estimated 10.6% last year to a forecast 8.8% this year.</description></oembed>

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