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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.
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).
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
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 ...
A commodity price index is a fixed-weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices.It is designed to be representative of the broad commodity asset class or a specific subset of commodities, such as energy or metals.
[1] [2] It is a number or ratio that express how much waste is mined per unit of ore. The units of a stripping ratio can vary between mine types. For example, in coal mining the stripping ratio is commonly referred to as volume/weight. [3], whereas in metal mining, stripping ratio is unitless and is expressed as weight/weight. [2]
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).
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