The Hindu Business Line  Sep 7  Comment 
Anand RathiFinolex Cables (Buy)CMP: ₹559.10Target: ₹649Finolex Cables Ltd is a manufacturer of electrical and communication cables, and copper rods.
Yahoo  Sep 7  Comment 
Off the chart, there remains plenty of reasons, old and new, to be wary of Freeport-McMoRan (NYSE:FCX). It hasn’t been a pretty 2018 for Dr. Copper and miner Freeport-McMoRan. The bear narrative remains in full swing with teeth sharpened of...
Motley Fool  Sep 5  Comment 
Worries weighed on the copper company last month.
Motley Fool  Sep 5  Comment 
Shares are up 17%, right up to the buyout offer price.
SeekingAlpha  Aug 30  Comment 
New York Times  Aug 30  Comment 
Faucets and water fountains will be switched off when students return to public schools next week, but the district will provide water bottles.
The Economic Times  Aug 30  Comment 
Import of copper has surged 233% to 10 KT during the quarter. Incidentally, India used to be a net exporter of refined copper.


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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