• Economy is recovering from worst social unrest in decades
  • Failure to ship metal contributes to tight global supply

Peruvian copper exports fell 20% in the first two months of the year as production climbed, leaving miners with mounting inventory and contributing to tight global supplies. Meanwhile, copper production rose by 5% in the same period.

https://www.bloomberg.com/news/articles/2023-04-17/peru-copper-exports-plummet-20-even-as-production-rises?