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Copper is one of the most commonly used of the base metals, and when in high demand, copper is a reliable indicator of our economic health. But its importance isn’t confined to electrical wires and thermal conductors.
Copper also plays a vital role in the rise of renewable energies and the production of electric vehicles, helping us transition to a low-carbon economy.
Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the copper market. Our expert analysis provides critical insights to help you predict future trends for win-win outcomes in your contract negotiations.Inquire about our copper market analysis and price data
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As copper prices reach record highs and analysts warn of ‘unsustainable deficits’, we explore the key trends shaping the copper market:
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Base metals prices on the London Metal Exchange were mostly up on Wednesday May 2, after participants in China and Europe returned from public holidays to boost volumes and prices.
Base metals prices on the London Metal Exchange were for the most part firmer on the morning of Wednesday May 2, with five of the six base metals showing gains averaging 0.6%, while tin bucked the trend with a 0.1% decline. Copper led on the upside with a 1% gain to $6,816 per tonne.
Good morning from Metal Bulletin’s office in Singapore as we bring you the latest news and pricing stories on Wednesday May 2.
Base metal prices on the Shanghai Futures Exchange were broadly down during trading on Wednesday May 2 after the dollar strengthened significantly on Tuesday.
The latest news and price moves to start the Asian day on Wednesday May 2.
Spot zinc concentrate treatment charges basis CIF to major East Asian ports remained flat while lead concentrate terms declined marginally in April.
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