­

Copper

LME-PRICES COPPER (21/02/18)
close vol
Cash 7047.8
TOM
3 month 7090 9204
15 month 7194.3
27M 7211.3
63M 7201.3
123M 7201.3
LME-PRICES copper EUR (21/02/18)
close
Cash 5727.1
TOM
3 month 5761.4
15 month 5846.1
27M 5859.9
63M 5851.8
123M 5851.8
settlements (21/02/18)
Copper chg high low Limit hi Limit lo
FEB 18 3.2115 -0.007 3.1795 3.1795
MAR 18 3.2160 0.0235 3.2295 3.1640 3.3905 2.9905
APR 18 3.2260 0.0250 3.2340 3.1820 3.4015 3.0015
MAY 18 3.2370 0.0195 3.25 3.1875 3.4135 3.0135
JUN 18 3.2465 0.0085 3.2320 3.2080 3.4230 3.0230
JUL 18 3.2550 0.0265 3.2640 3.2055 3.4315 3.0315
AUG 18 3.2640 0.0210 3.2615 3.2540 3.4405 3.0405
SEP 18 3.2705 0.0225 3.2730 3.2295 3.4470 3.0470
OCT 18 3.28 -0.002 3.2540 3.2540 3.4560 3.0560
NOV 18 3.2865 0.0405 3.4615 3.0615
DEC 18 3.2885 0.0350 3.3 3.2480 3.4650 3.0650
JAN 19 3.2940 0.0175 3.2880 3.2880 3.4705 3.0705
FEB 19 3.2990 0.0165 3.2925 3.2920 3.4755 3.0755
MAR 19 3.3035 0.0020 3.3 3.2810 3.4795 3.0795
APR 19 3.3085 0.0405 3.4845 3.0845
MAY 19 3.3115 0.04 3.4875 3.0875
JUN 19 3.3160 -0.122 3.4920 3.0920
JUL 19 3.3190 -0.154 3.4950 3.0950
AUG 19 3.3225 3.4985 3.0985
SEP 19 3.3255 -0.162 3.5020 3.1020
OCT 19 3.3285 3.5045 3.1045
NOV 19 3.3290 3.5050 3.1050
DEC 19 3.3315 -0.121 3.5085 3.1085
JAN 20 3.3330 3.51 3.11
SHFE (21/02/18)
close high low vol
FEB 18
MAR 18 52620 8304.5 8211.4 55890
APR 18 52790 8339.3 8241.4 172660
MAY 18 52990 8366.1 8271.4 51918
JUN 18 53100 8399.2 8299.8 18102
JUL 18 53330 8426.0 8329.8 2150
AUG 18 53550 8457.6 8367.7 820
SEP 18 53650 8486.00 8396.1 484
OCT 18 53930 8511.2 8432.4 256
NOV 18 54150 8546.0 8463.9 726
DEC 18 54310 8577.5 8492.3 620
JAN 19 54500 8599.6 8520.7 188

Interested in real time pricing?

REQUEST A FREE TRIAL

London Metal Exchange LME Copper

The copper market is constantly changing, besides product information there is a rapidly growing need for real-time price information and stock information of LME copper.

The LME copper contract is the second largest traded contract on the LME (London Metal Exchange). Copper prices are very important for many companies. The prices, opening stocks and the forward price curve for copper are available in our real-time software. Additionally we give access to average copper prices, history, trade prices, trend charts, news and much more.

Copper theft

At the beginning of the crisis in 2008 there was many news about copper thefts. All the news was about stolen copper like, clocks, lightning, power lines, covers and pipelines. Copper was a very popular product for many thieves. Thefts have temporarily been somewhat less, but in recent months the copper thief is back again. The cause of copper theft is obviously rising copper prices, making it very lucrative for thieves to steal this metal and sell it for cash.

Mining

At this time a total of one third of all copper ore in the world comes from mines in Chile. Besides Chile, America and Peru also produce copper. America and Peru account for sixteen percent of the total world production of this metal.

The biggest copper mines are therefore in Chile. In the eighties there were several large mining projects designed to insure that the copper supply in subsequent years grew considerably. That time has passed by. In the first year, copper mining is easy but eventually the copper mine gets exhausted, making the production of copper go down. Then it becomes increasingly difficult to win copper ore. An additional disadvantage is that subsequently the quality of copper significantly goes down.

The largest miners in the world, BHP Billiton, Xstrata and Freeport McMoran have great difficulty in meeting the growing demand. During the past five years, these miners have unfortunately not succeeded in their goals in relation to the achievements of the copper extraction.

New mines

Most major copper producers try to replace the drop in production by starting new mining projects in the world and then try to win new copper ore quickly. This is a logical but a very time-consuming decision. The development of new copper mines takes an average ten years and requires huge capital investment.

Fluctuation

With rapidly changing development of copper prices on the LME for companies dealing in this metal, such as construction business, dealers and installers, it is very important to respond immediately to price fluctuations. This information can earn or save companies a lot of money and will directly hit their profit. This requires real-time copper LME pricing information, enabling these companies to respond quickly to price fluctuations on the market.