SANTIAGO- Chile's copper production will likely decrease 1.2% to 5.718 million tons in 2020 versus a year earlier, state copper commission Cochilco said on Thursday.

Cochilco estimated that the copper price will average $2.62 per pound in 2020, rising to $2.85 per pound in 2021.

(Reporting by Fabian Cambero; Writing by Adam Jourdan) ((adam.jourdan@thomsonreuters.com; +54 1155446882; Reuters Messaging: adam.jourdan.thomsonreuters.com@reuters.net))