The Hindu Business Line  Nov 4  Comment 
The copper futures contract traded on the Multi Commodity Exchange (MCX) fell below its key support at ₹339 a kg in the past week. But the down move was short-lived and the contract...
CNBC  Nov 4  Comment 
Glencore shares jumped on Wednesday as the company said it was on track to reduce its debt and boost liquidity. It also plans more copper output cuts.
guardian.co.uk  Nov 4  Comment 
Builders down despite upbeat comments from Persimmon A rise in mining shares has outweighed another slump in housebuilders, helping lift the UK market higher. Glencore, which has been volatile in recent months to say the least, has climbed 7p to...
newratings.com  Nov 4  Comment 
LONDON (dpa-AFX) - Anglo-Swiss commodities trader and miner Glencore Plc. (GLCNF.PK, GLNCY.PK, GLEN.L) said that for the nine months to September 2015, its owned source copper production declined 2 percent to 1.13 million tonnes, primarily due to...
Benzinga  Nov 2  Comment 
Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multimodal transportation services company, today announced it has acquired the operations of Copper Logistics, Inc. ("Copper"), a Minneapolis, Minnesota based privately held...
The Hindu Business Line  Nov 2  Comment 
London copper dipped to a one-month low on Monday after China’s factory activity faltered last month, raising concerns that successive easing measures in the world’s top metals user are failing to...
TechCrunch  Oct 29  Comment 
 In a little over a month, dozens of startups from around the world will make their way to London’s Copper Box Arena for TechCrunch Disrupt London 2015. Will your company be among them? We still have a handful of tickets available for hardware...
newratings.com  Oct 29  Comment 
LONDON (dpa-AFX) - Copper producer KAZ Minerals Plc (KAZ.L), formerly Kazakhmys PLC, said its copper cathode output for the nine-month period slid 2 percent to 58.4 kt. The group, however, said it is on track to achieve full-year cathode guidance...


Copper is a metal used extensively as a heat and electrical conductor, as well as a component in metal alloys, most notably brass and bronze. Annual world production is projected to 18.4 million metric tons in 2008.[1]

Copper is used extensively for electrical wiring and plumbing in buildings. A good overview on the use of copper can be found on the webpage of the International Wrought Copper Council (IWCC).

Copper is known to have antimicrobial properties. It is also an important nutrient. It is widely believed that copper jewelry can help wearer conquer diseases.

The chart at left shows continuos front-month futures prices for High Grade Copper traded on the COMEX.

Prices and Delivery Dates

High Grade Copper futures contracts are traded on the COMEX under ticker symbol HG and are delivered every month of the year. (For more information on commodity tickers, check out the commodity ticker construction page.)

Copper Producers

The four largest copper producers are[2]

Key Trends and Forces

Global Economic Downturn

The usage of copper may be significantly reduced in the current downturn.

Emerging Economies

Improving living conditions and expansion of infrastructure require electrification of houses, manufacturing facilities, and offices. Further copper is required in electrical powerplants, transformation and transport of the energy and for the extension of public transport.

New Electrification Wave

Improved comfort functions and hybrid powertrains require increased amounts of copper to be build into vehicles. Plugin hybrids are going to increase the demand for electric power from the grid. The use of solar panels on buildings increases copper usage in the building sector.



  1. International Copper Study Group - Forecast 2008/2009, October 2008
  2. Freeport McMoRan Presentation, November 2008
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