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Copper

LME-PRICES COPPER (18/07/18)
close vol
Cash 6123.5 1
TOM
3 month 6150 16847
15 month 6228
27M 6275.5
63M 6287.5
123M 6287.5
LME-PRICES copper EUR (18/07/18)
close
Cash 5274.8
TOM
3 month 5297.6
15 month 5364.8
27M 5405.7
63M 5416.1
123M 5416.1
settlements (18/07/18)
Copper chg high low Limit hi Limit lo
JUL 18 3.0270 0.0055 3.0465 3.0135 3.2215 2.8215
AUG 18 3.0380 0.0085 3.0560 3.0270 3.2325 2.8325
SEP 18 3.0490 0.0050 3.0685 3.0370 3.2435 2.8435
OCT 18 3.0575 0.0045 3.0725 3.0485 3.2515 2.8515
NOV 18 3.0660 0.0115 3.0820 3.0620 3.2605 2.8605
DEC 18 3.0730 0.0070 3.0910 3.0610 3.2680 2.8680
JAN 19 3.0810 -0.006 3.0920 3.0705 3.2760 2.8760
FEB 19 3.0890 -0.004 3.08 3.08 3.2835 2.8835
MAR 19 3.0945 0.0085 3.1090 3.0830 3.2890 2.8890
APR 19 3.1015 0.0005 3.0960 3.0960 3.2955 2.8955
MAY 19 3.1055 0.0060 3.1225 3.1055 3.2995 2.8995
JUN 19 3.1115 0.0250 3.1305 3.1290 3.3055 2.9055
JUL 19 3.1160 0.0165 3.1295 3.1255 3.3090 2.9090
AUG 19 3.1220 0.0260 3.1410 3.14 3.3150 2.9150
SEP 19 3.1245 0.0260 3.1440 3.1420 3.3180 2.9180
OCT 19 3.13 3.3230 2.9230
NOV 19 3.1315 3.3245 2.9245
DEC 19 3.1330 0.2440 3.37 3.37 3.3260 2.9260
JAN 20 3.1360 3.3290 2.9290
FEB 20 3.1385 3.3315 2.9315
MAR 20 3.1405 3.3340 2.9340
APR 20 3.1445 3.3375 2.9375
MAY 20 3.1480 -0.791 3.3415 2.9415
JUN 20
SHFE (18/07/18)
close high low vol
JUL 18 7253.6 7331.6 7192.2 9460
AUG 18 7252.4 7264.3 7157.1 23346
SEP 18 7265.8 7282.2 7172.00 200186
OCT 18 7282.2 7295.6 7186.9 32372
NOV 18 7288.1 7301.5 7198.8 6250
DEC 18 7310.5 7312.0 7207.7 4148
JAN 19 7307.5 7319.4 7176.5 1548
FEB 19 7316.4 7326.8 7246.4 744
MAR 19 7326.8 7346.2 7259.8 892
APR 19 7341.7 7350.7 7274.7 1054
MAY 19 7361.1 7367.0 7288.1 1526
JUN 19 7371.5 7389.4 7309.0 272

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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.