Chile's Cochilco sees 2017 copper prices of $2.40 per pound

SANTIAGO, Jan 23 (Reuters) - Chile's state copper commission Cochilco on Monday forecast average copper prices of $2.40 per pound in 2017, up from its prior projection of $2.20.

Cochilco, estimated that world top copper exporter Chile, would see its production increase 4.3 percent in 2017 versus last year to 5.79 million tonnes.

(Reporting by Fabian Cambero; Writing by Anthony Esposito)