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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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Most of the base metals prices on the London Metal Exchange were little changed on the morning of Wednesday May 16, the exceptions were zinc (+0.6%) and tin (-0.5%). Copper was up by 0.1% at $6,818 per tonne.
Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday May 15.
Base metals prices on the Shanghai Futures Exchange diverged during Asian morning trading on Wednesday May 16, with rising stocks and a surge in the dollar sinking copper.
Base metals prices on the Shanghai Futures Exchange were on divergent paths during Asian morning trading on Tuesday May 15, with copper down amid disappointing Chinese data and rising stock levels.
Base metals prices on the London Metal Exchange were broadly positive on the morning of Monday May 14, with all of the metals, except for zinc (-0.1%), up by an average of 0.6%. Nickel and lead were the frontrunners with gains of 1.3% and 1.2% respectively.
Base metals prices on the Shanghai Futures Exchange were broadly higher during Asian morning trading on Monday May 14, with the exception of aluminium and zinc, amid easing trade tensions between the United States and China, and a weaker dollar.
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