What is the Comex price for copper?
Open Price is4.2395 USD/lb.
What is Comex copper?
COMEX is the primary futures and options market for trading metals such as gold, silver, copper, and aluminum. COMEX is an abbreviation of the exchange’s full name: The Commodity Exchange Inc. COMEX merged with the New York Mercantile Exchange (NYMEX) in 1994 and became the platform responsible for its metals trading.
What did copper close at today?
|52 Week High||4.9375|
|52 Week Low||4.0435|
Is copper high right now?
Globally, copper prices reached all-time highs in 2021 and reached a record high in early March of 2022 – with prices briefly exceeding $5.00 per pound. In May 2021, for example, the price for one metric ton of copper reached $10,512—a 130 percent price increase over March 2020.
What is the current rate of copper?
Two crossed lines that form an ‘X’….CopperCommodity.
|Unit||USD per Ton|
|Date||6/10/22 07:41 AM|
How do you calculate copper from LME?
- copper weight [kg / km] x ( ( medium DEL [EUR / 100 kg] + 1 % procurement costs ) – copper base [EUR / 100 kg] ) / 100. = copper surcharge [EUR / km]
- 9.60 [kg / km] x ( ( 590.00 [EUR / 100 kg] + 5.90 [EUR / 100 kg] ) – 150.00 [EUR / 100 kg] ) / 100. = 42.81 [EUR / km]
- Copper Weight.
- Copper Base.
Is copper going up or down?
The IMF projects the growth of the copper price from an average of $6,174 per metric ton in 2020 to $8,313 in 2021, followed by a gradual decline to $7,600 per metric ton by 2026.
Is there a copper shortage 2021?
Since 2021, demand for copper has been increasing again as economies worldwide open back up following the strict restrictions imposed due to COVID-19. For many, the rebound in copper demand during the first quarter of 2021 was surprising, although the second half of the year was weaker than expected.