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LME Copper is a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of Copper (Grade A), that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation.
This is a list of prices of chemical elements.Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.
The spot premium for refined copper was at 605 yuan ($85.36) a tonne on Thursday, up from 50 yuan a tonne at the end of last year. The premium, which is paid on top of copper prices listed on ...
This page was last edited on 16 November 2024, at 12:16 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In practice, the expected future spot price is unknown, and the term "backwardation" may refer to "positive basis", which occurs when the current spot price exceeds the price of the future. [3]: 22 The opposite market condition to normal backwardation is known as contango. Contango refers to "negative basis" where the future price is trading ...
Production trends in the top five copper-producing countries, 1950-2012. This is a list of countries by mined copper production. Copper ore can be exported to be smelted so that a nation's smelter production of copper can differ greatly from its mined production. See: List of countries by copper smelter production.