Copper decreased 0.09 USd/LB or 3.20% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Copper reached an all time high of 4.63 in February of 2011. Copper – data, forecasts, historical chart – was last updated on July of 2020.

Copper is expected to trade at 2.66 USd/LB by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2.44 in 12 months time.

Copper

Copper futures are widely traded on the London Metal Exchange (LME), at the COMEX and on the Multi-Commodity Exchange in India. The standard contract is 25,000 lbs. Copper is the third most widely used metal in the world. Chile accounts for over one third of world’s copper production followed by China, Peru, United States, Australia, Indonesia, Zambia, Canada and Poland. The biggest importers of copper are China, Japan, India, South Korea and Germany. Copper market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our copper market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

Energy Price Day Weekly Monthly Yearly Date
Crude Oil 40.4400 1.18 3.00% 6.39% 9.86% -28.11%
Brent 42.4800 1.34 3.26% 5.51% 7.27% -31.92%
Natural gas 1.7070 0.02 -0.99% 7.90% -3.99% -23.79%
Gasoline 1.2420 0.03 2.12% 5.02% 11.68% -33.59%
Heating oil 1.2162 0.02 1.99% 6.09% 11.73% -35.52%
Ethanol 1.2000 0.01 0.84% -2.52% 9.79% -19.08%
Naphtha 342.23 0.80 0.24% -0.94% 12.83% -29.64%
Propane 0.50 0.00 0.06% -1.60% 3.06% 10.14%
Uranium 31.4000 1.20 -3.68% -5.14% -6.82% 28.16%
Metals Price Day Weekly Monthly Yearly Date
Gold 1,786.90 2.65 0.15% 1.45% 3.37% 26.00%
Silver 18.3840 0.18 1.01% 4.93% 1.83% 20.12%
Platinum 823.10 6.49 0.79% 2.90% -1.88% -0.53%
Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 890.5000 7.25 0.82% 2.30% 4.61% 1.63%
Wheat 496.7500 7.50 1.53% 3.38% -2.21% -1.34%
Palm Oil 2,351.00 0.00 0.00% -3.73% -2.33% -2.25%
Cheese 2.3750 0.17 7.51% 7.42% 81.99% 40.45%
Milk 22.47 1.50 7.15% 6.95% 84.79% 38.11%
Rice 19.9000 5.40 37.19% 42.75% 4.38% 81.40%
Rubber 141.50 0.70 -0.49% 4.74% 5.99% -38.48%
Wool 1,110.00 0.00 0.00% -0.63% -5.13% -35.28%
Tea 2.58 0.00 0.00% 22.27% 25.85% 7.95%
Cocoa 2,251.00 62.00 -2.68% -7.18% -9.71% -9.85%
Orange Juice 127.30 6.40 5.29% 6.22% 2.62% 32.74%
Canola 463.70 10.40 -2.19% -2.03% 1.44% 3.21%
Lumber 435.70 9.60 2.25% -1.13% 20.26% 11.35%
Oat 331.0000 4.50 -1.34% 9.15% 0.30% 16.14%
Sugar 12.11 0.27 2.28% 3.06% 7.93% -1.94%
Cotton 60.46 0.52 -0.85% -1.95% 0.15% -5.19%
Coffee 99.75 0.30 -0.30% 3.21% 1.58% -7.85%
Corn 342.5000 3.75 1.11% 5.79% 5.71% -17.17%
Livestock Price Day Weekly Monthly Yearly Date
Beef 14.54 0.12 0.83% 1.82% 6.60% 34.75%
Poultry 4.75 0.03 0.64% -0.84% 20.87% 1.50%
Live Cattle 91.6500 3.25 -3.42% -1.93% -6.62% -11.96%
Feeder Cattle 133.0000 0.73 -0.54% -0.36% -2.30% -3.88%
Lean Hogs 45.1250 0.28 -0.61% -3.99% -17.32% -38.79%
Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7265 0.01 0.52% 3.26% 9.21% 2.60%
Lithium 40,500.00 0.00 0.00% 0.00% -4.71% -44.14%
Steel 3,798.00 118.00 3.21% 1.39% 2.73% -0.81%
Bitumen 2,706.00 116.00 4.48% 7.55% 7.47% -16.53%
Cobalt 28,500.00 0.00 0.00% -1.72% -5.00% -1.72%
Lead 1,763.25 28.50 -1.59% 1.82% 6.33% -6.19%
Nickel 12,757.50 0.50 0.00% 0.73% 1.59% 6.27%
Molybdenum 19.38 0.00 0.00% 0.00% -5.46% -31.76%
Iron Ore 101.50 0.50 0.50% -0.98% 0.00% -16.46%
Palladium 1,921.30 8.70 -0.45% 3.08% -1.43% 23.32%
Coal 53.40 0.60 -1.11% -0.74% -6.27% -24.81%
Aluminum 1,592.00 14.50 -0.90% 0.44% 5.26% -10.66%
Tin 16,885.00 0.00 0.00% -1.37% 9.22% -4.60%
Zinc 2,082.00 30.00 1.46% 5.31% 2.23% -16.01%
Manganese 38.00 0.00 0.00% -6.17% -16.48% 4.11%
Rhodium 8,000.00 0.00 0.00% 0.00% -11.11% 138.81%
Soda Ash 1,266.67 0.00 0.00% 0.00% -1.30% -26.21%
Neodymium 382,000.00 0.00 0.00% 2.69% 7.76% -14.16%
Iron Ore 62% fe 102.9500 0.11 -0.11% 0.10% 3.82% -16.43%
Index Price Day Weekly Monthly Yearly Date
Baltic Dry 1,799.00 5.00 0.28% 11.26% 245.96% 24.41%
CRB Index 146.52 0.99 0.68% -0.44% 4.26% -21.44%
LME Index 2,681.70 12.70 0.48% 1.40% 7.15% -2.88%
S&P GSCI 1,650.79 4.92 0.30% -1.30% 5.00% -32.18%

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