Copper

Copper increased to 6662.50 USD/MT in April from 6650 USD/MT in March of 2014. Copper averaged 4181.62 from 1993 until 2014, reaching an all time high of 10179.50 in February of 2011 and a record low of 1318.25 in November of 2001. Chile accounts for over one third of world's copper production followed by China, Peru, United States, Australia, Indonesia, Zambia, Canada and Poland. Major exporters of copper ores and concentrates are Chile, Peru, Indonesia, Australia , Canada, Brazil, Kazakhstan, United States, Argentina and Mongolia. The biggest importers of copper are China, Japan, India, South Korea and Germany. Copper market participants use the COMEX Division of high-grade copper futures and options to mitigate price risk. Copper is the world's third most widely used metal, after iron and aluminum, and is primarily used in highly cyclical industries such as construction and industrial machinery manufacturing. Profitable extraction of the metal depends on cost-efficient high-volume mining techniques, and supply is sensitive to the political situation particularly in those countries where copper mining is a government-controlled enterprise. This page provides - Copper - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6662.50 6650.00 10179.50 1318.25 6635.45 | 2014/05 1993 - 2014 USD/MT Daily

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Copper
LIST BY COUNTRY


Energy Actual Previous Change Daily % Weekly % Monthly % Yearly %
Crude oil CL1 104.33 103.71 0.62 0.60 % 0.63 % 4.66 % 18.50 % [+]
Brent crude oil COG1 109.91 109.27 0.64 0.59 % 2.17 % 3.55 % 11.19 % [+]
Ethanol DL1 2.83 3.30 -0.47 -14.24 % 0.00 % -20.73 % 8.43 % [+]
Heating oil HO1 2.92 2.89 0.03 1.04 % 0.00 % 1.04 % 4.66 % [+]
Natural gas NG1 4.57 4.62 -0.05 -1.08 % -1.72 % 4.82 % 4.34 % [+]
Gasoline XB1 2.97 2.85 0.12 4.21 % 0.00 % 3.85 % 7.22 % [+]

Metals Actual Previous Change Daily % Weekly % Monthly % Yearly %
Aluminum AL1 1,829.50 1,839.00 -9.50 -0.52 % -1.00 % 9.65 % -1.63 % [+]
Coal Coal 74.25 74.75 -0.50 -0.67 % -0.34 % -0.20 % -15.05 % [+]
Cobalt Cobalt 29,500.00 29,750.00 -250.00 -0.84 % 0.00 % -1.67 % 8.46 % [+]
Gold GC1 1,298.90 1,299.70 -0.80 -0.06 % -1.47 % -2.37 % -7.46 % [+]
Copper HG1 6,662.50 6,627.00 35.50 0.54 % -0.03 % 3.44 % -4.29 % [+]
Lead Lead 2,122.75 2,120.50 2.25 0.11 % 2.06 % 3.74 % 6.23 % [+]
Molybden Molybden 28,000.00 27,000.00 1,000.00 3.70 % 3.70 % 27.27 % 16.67 % [+]
Nickel Nickel 17,877.00 17,807.00 70.00 0.39 % 3.04 % 13.07 % 18.40 % [+]
Palladium Palladium 801.00 800.00 1.00 0.13 % 0.88 % 6.23 % 18.32 % [+]
Platinum PL1 1,437.00 1,442.00 -5.00 -0.35 % -1.17 % 0.07 % 0.84 % [+]
Silver SI1 1,962.00 1,960.00 2.00 0.10 % -2.34 % -2.73 % -17.08 % [+]
Steel Steel 405.00 395.00 10.00 2.53 % 0.00 % 0.00 % 131.43 % [+]
Tin Tin 23,482.00 23,528.00 -46.00 -0.20 % 0.25 % 2.12 % 13.38 % [+]
Zinc Zinc 2,049.00 2,053.25 -4.25 -0.21 % 1.64 % 5.46 % 10.70 % [+]

Agricultural Actual Previous Change Daily % Weekly % Monthly % Yearly %
Beef Beef 7.77 7.76 0.01 0.13 % 0.00 % -5.01 % 20.28 % [+]
Corn C A 476.00 478.50 -2.50 -0.52 % -0.73 % 4.16 % -27.38 % [+]
Cocoa CC1 3,049.15 3,049.36 -0.21 -0.01 % -0.57 % -1.34 % 29.31 % [+]
Cotton CT1 87.34 86.79 0.55 0.63 % 2.73 % -1.79 % 7.35 % [+]
Coffee KC1 182.22 190.69 -8.47 -4.44 % -7.22 % 1.12 % 33.65 % [+]
Oat Oat 456.50 457.50 -1.00 -0.22 % 2.35 % 3.28 % 7.54 % [+]
Rice RR1 15.38 15.41 -0.03 -0.19 % -1.73 % -1.09 % 0.98 % [+]
Rubber Rubber 589.00 591.00 -2.00 -0.34 % -0.67 % -7.02 % -18.14 % [+]
Soybeans S A 1,512.00 1,519.50 -7.50 -0.49 % 3.38 % 5.77 % 4.20 % [+]
Sugar SB1 17.65 17.38 0.27 1.55 % 1.20 % -0.11 % -2.11 % [+]
Wheat W A 614.50 611.00 3.50 0.57 % 5.22 % -5.68 % -8.69 % [+]
Wool Wool 1,048.00 1,043.00 5.00 0.48 % 2.85 % 1.26 % 4.28 % [+]


Commodity | Notes
Commodity futures are standardized contracts for the purchase and sale of physical commodities for future delivery on a regulated commodity futures exchange. The commodity futures contract price is determined by the equilibrium between supply and demand among competing buy and sell orders on the exchange at the time of the purchase or sale of the contract. Unlike options, a futures contract gives the holder the obligation to make or take delivery under the terms of the contract. An option grants the buyer the right, but not the obligation, to establish a position previously held by the seller of the option.