Motley Fool  May 28  Comment 
Freeport-McMoRan Inc is the best copper stock to invest in because of its low-cost, copper-driven growth.
Reuters  May 28  Comment 
REUTERS - Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a drop in quarterly profit that missed estimates, hurt by lower margins.
The Hindu Business Line  May 28  Comment 
Reports a net profit of ₹26.60 cr for March quarter
The Hindu Business Line  May 27  Comment 
The copper futures contract traded on the Multi Commodity Exchange (MCX) has declined below ₹400/kg in line with the expectation. It is hovering near ₹393. The immediate outlook is...
The Hindu Business Line  May 27  Comment 
The time overrun of nearly two years for Hindustan Copper Ltd’s 5 million tonne per annum underground mine development project in Madhya Pradesh is likely to cost the copper miner dear. A...
The Hindu Business Line  May 27  Comment 
London copper climbed away from a four-week low on Wednesday as investors covered short positions, but the gains were capped by a stronger dollar after improving US economic data backed the case f...
The Hindu Business Line  May 27  Comment 
Copper prices moved up by 0.53 per cent to Rs 396.50 per kg at the futures trade today as speculators created fresh positions in tandem with a firm global trend.On the Multi Commodity Excha...
Reuters  May 27  Comment 
China's Zijin Mining Group , which announced two acquisitions on Tuesday for more than $700 million, believes now is the good time to buy overseas assets as the...


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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