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Copper

LME-PRICES COPPER (19/04/18)
close vol
Cash 6980.3
TOM
3 month 7022 27742
15 month 7127.8
27M 7171.3
63M 7188.8
123M 7188.8
LME-PRICES copper EUR (19/04/18)
close
Cash 5637.4
TOM
3 month 5671.1
15 month 5756.5
27M 5791.7
63M 5805.8
123M 5805.8
settlements (19/04/18)
Copper chg high low Limit hi Limit lo
APR 18 3.1280 -0.034 3.12 3.12
MAY 18 3.1320 -0.035 3.1955 3.1120 3.3585 2.9585
JUN 18 3.1425 -0.035 3.2 3.1280 3.37 2.97
JUL 18 3.1540 -0.036 3.2180 3.1350 3.3815 2.9815
AUG 18 3.1640 -0.026 3.1655 3.1510 3.3910 2.9910
SEP 18 3.1720 -0.034 3.23 3.1545 3.3990 2.9990
OCT 18 3.1820 -0.031 3.1790 3.1750 3.4085 3.0085
NOV 18 3.1910 -0.035 3.19 3.1830 3.4175 3.0175
DEC 18 3.1965 -0.033 3.2570 3.1775 3.4220 3.0220
JAN 19 3.2055 -0.028 3.2060 3.1990 3.4305 3.0305
FEB 19 3.2130 -0.031 3.2065 3.2065 3.4375 3.0375
MAR 19 3.2180 -0.024 3.2695 3.2110 3.4420 3.0420
APR 19 3.2250 0.0210 3.27 3.27 3.4490 3.0490
MAY 19 3.23 -0.025 3.2285 3.2245 3.4535 3.0535
JUN 19 3.2375 -0.015 3.46 3.06
JUL 19 3.2415 -0.113 3.4650 3.0650
AUG 19 3.2490 3.4715 3.0715
SEP 19 3.2535 -0.167 3.4760 3.0760
OCT 19 3.2595 3.4815 3.0815
NOV 19 3.2625 3.4845 3.0845
DEC 19 3.2670 -0.036 3.4890 3.0890
JAN 20 3.2695 3.4915 3.0915
FEB 20 3.2705 3.4925 3.0925
MAR 20 3.2745 3.4975 3.0975
SHFE (19/04/18)
close high low vol
APR 18
MAY 18 8169.2 8180.4 8137.4 23644
JUN 18 8207.5 8218.6 8174.00 120614
JUL 18 8242.5 8250.5 8205.9 28892
AUG 18 8266.4 8279.2 8237.7 7420
SEP 18 8298.3 8309.4 8266.4 3400
OCT 18 8336.5 8341.3 8296.7 904
NOV 18 8358.8 8370.0 8327.0 374
DEC 18 8393.9 8405.0 8355.6 550
JAN 19 8430.5 8441.7 8392.3 866
FEB 19 8460.8 8472.0 8428.9 1844
MAR 19 8492.7 8497.5 8457.6 394

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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.