August 29, 2017 / 1:50 PM / a year ago

Codelco chairman says cautious about short-term copper price

SANTIAGO, Aug 29 (Reuters) - The chairman of Chilean state-owned copper company Codelco said on Tuesday that he is cautious about a recent rally in copper prices , even as he is more optimistic in the medium- and long-term.

"I'm a little the short-term," Oscar Landerretche said a mining conference in Chilean capital Santiago. "It's true that all of the fundamentals are good in the medium- and long-term...but I would be very cautious." (Reporting by Fabian Cambero; Writing by Gram Slattery; Editing by Chizu Nomiyama)

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