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Copper Prices

Copper Prices are widely followed in the commodity sector. Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.

Copper Price Chart (USD)

Copper Price News, Analysis, and Forecast

News of China’s PMI and Rate Cut Fade as Copper Trades Lower
After rising to a 7 week high on favorable PMI data, copper traders lower on Tuesday as global growth concerns rise in prominence.
Copper Retraces Off 2015 Low, Yet Will the Momentum Prevail?
While recent activity has elevated the price of copper, the primary trend may endure as the ISCG projects a supply surplus in 2015 and Goldman Sachs has lowered their price forecast.
South Africa’s Integral Mining Industry Contracts in 2014
Across multiple time frames, mining production in South Africa decreased in 2014 as a result of negative movements among PGMs and Gold. USDZAR is trading in a broadening pattern.
Copper Retreats After 6.3% Advancement, But Will it Stick?
While China's most recent trade and manufacturing data supports the notion, supply is outpacing demand, the latest production data reported by the ICSG may hint otherwise.
Copper falls 3.1% on Goldman’s Price Forecast & Faded Sentiment
Copper trades lower today following Goldman Sachs price forecast. Declines from cost deflation, pertaining to a stronger USD and slowed growth, are extended.
Copper More Responsive to China’s Economic Growth Than Its PMI
Despite a rise in China’s manufacturing PMI, copper falls on the country’s disappointing annual GDP.
South Africa: November Mining Disappoints, USDZAR Trades Sideways
Strike at Northam Platinum mine adds to investor woes as November’s mining production and sales register decreases.
Copper Consolidates on Neutral 4Q Chinese GDP
China’s slowed growth does not necessarily mean a decisive downfall for the price of copper moving forward. However, at present the metal remains beneath a descending trendline.
World Bank Global GDP Outlook Reduced: Copper trades at 5 ½ Year Low
A slow in global economic growth, as measured by the World Bank, has increased the volatility in equity markets and brought down the price of key commodities including oil and copper.
World Bank Global GDP Outlook Reduced: Copper trades at 5 ½ Year Low
A slow in global economic growth, as measured by the World Bank, has increased the volatility in equity markets and brought down the price of key commodities including oil and copper.