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March 25 copper market dynamics: 1.
It is reported that the world's largest copper producer Chilean state-owned Codelco company increased copper production by 3.
6% in 2015, but the decline in copper prices led to a pre-tax loss of US$2.
19 billion, far lower than the profit of US$3.
03 billion in 2014, a record high
.
2.
It is reported that thousands of workers and students gathered in Santiago on the 22nd to support the strike called for by the Chilean Copper Workers' Union for labor system reform and support the organization to obtain greater union power
.