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The contracts prices are quoted in US dollars per tonne. LME prices have minimum tick sizes of $0.50 per tonne (or $12.50 for one contract) for open outcry trading in the LME Ring and electronic trading on LMEselect, while minimum tick sizes are reduced for inter-office telephone trading to $0.01 per tonne (or $0.50 for one contract).
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. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium.
That should eventually send prices soaring to $15,000 per ton, he predicted. Coppers prices are already at record highs, with benchmark prices in London at about $10,000 per ton, more than ...
America's chlorine prices rose suddenly from about $125–$150 per ton fob between June and August 2009 months on a sharp rise in chlor-alkali production and capacity cuts after a year in which production quotes largely stay flat. [121] The spot price surged more than 300% to about $475–$525 ton fob in August 2009. [121]
The following is a list of countries by refined copper exports. Data is for 2012, 2018 and 2023, in millions of United States dollars , as reported by The Observatory of Economic Complexity . Currently the top ten countries are listed.
The premium, which is paid on top of copper prices listed on exchanges, gives an indication of the supply/demand balance in China's physical copper market. China's spot copper premium to stay ...
Recycling is a major source of copper in the modern world. [35] Price of Copper 1959–2022. The price of copper is volatile. [37] After a peak in 2022 the price unexpectedly fell. [38] The global market for copper is one of the most commodified and financialized of the commodity markets, and has been so for decades. [39]: 213
Copper is a fairly common element, with an estimated concentration of 50–70 ppm (0.005–0.007 percent) in Earth's crust (1 kg of copper per 15–20 tons of crustal rock). [75] A concentration of 60 ppm would multiply out to 1.66 quadrillion tonnes over the 2.77 × 10 22 kg mass of the crust, [ 76 ] or over 90 million years' worth at the 2013 ...