Commodity Snapshot
News
| Date | Open | Close | Daily High | Daily Low |
|---|
Unit conversion for Copper Price Today
| Conversion | Copper Price | Price | |
|---|---|---|---|
| 1 Ton = 1,000 Kilograms | Copper Price Per 1 Kilogram | 8.62 USD |
Industrial Metals
| Name | Price | % | Unit | Date | ||
|---|---|---|---|---|---|---|
| Aluminium | 2,276.35 | 0.40 | USD per Ton | 3/17/23 03:05 PM | ||
| Lead | 2,066.80 | 0.63 | USD per Ton | 3/17/23 09:11 AM | ||
| Iron Ore | 130.00 | 0.84 | USD per Dry Metric Ton | 3/17/23 12:38 PM | ||
| Copper | 8,620.35 | 1.31 | USD per Ton | 3/17/23 10:16 AM | ||
| Nickel | 23,204.00 | 2.56 | USD per Ton | 3/17/23 09:13 AM | ||
| Zinc | 2,932.50 | 2.43 | USD per Ton | 3/17/23 09:02 AM | ||
| Tin | 22,385.00 | 1.20 | USD per Ton | 3/17/23 09:09 AM |
Copper
Copper, chemical symbol Cu, is a shiny, red-orange metal that has a wide range of applications. The price of copper is primarily driven by the availability of substitutes, the global supply and demand ratio, and emerging markets such as India and China. The most important trading venues for copper are the London Metal Exchange, New York Mercantile Exchange (COMEX), and the Shanghai Futures Exchange. (read more)
Copper is soft, pliable, malleable, and conductive. It’s mainly used in electrical wiring, roofing, plumbing, and cooking utensils. Copper’s widespread usage began during the Copper Age, from 3500 to 2300 BCE. The metal was initially used exclusively in its pure state but was later used in the production of other metal alloys. Although it has similar properties to gold and silver, copper is significantly cheaper. The global copper supply is fueled by mining and recycling of copper products. When mined, copper is extracted from crushed ore and is furthered refined through smelting.
