This domain may be Click here to enquire about this domain name

Copper Price

Copper is widely used today. It is a kind of nonferrous mineral that is close to silver and gold. The use of copper is not really new. Our ancestors have used it to serve many purposes. There are archaeological evidences that show that copper had been used as utensils, weapons, and even in jewelries. This metal is highly conductive. That is why almost all electronic gadgets use copper in its man-made form-copper wires. This is also the same reason why people should care more about the copper price.

24 hour Copper $US Dollar price per pound

[Most Recent Quotes from]

Causes of copper price change: Undetermined

Like the price of all materials used to produce new products, copper price is not permanent. The conditions in the copper market dictate copper price. Because there are many reasons that underlie the change in copper price on the stock market, analysts can't seem to find the ultimate conclusion to such changes in the copper price.

Copper price change: Some speculations

First, there is the inevitable law of supply and demand. This law also contributes to the change in copper price. How? Copper seems to be always in demand nowadays. The growing market for it affects the copper price. Any big change in the supply and demand for copper can lead to a dramatic change in copper price.

Second, the production of copper affects copper price. As we all know, copper is obtained through mining. There is no assurance that mining conditions would always be smooth. Miners can launch strikes that could last for days. This might hinder an on-going mining operation and cause a rise in copper price.

Third, disasters and oil prices are also factors affecting the copper price. Bad weather conditions and disasters can slow down copper mining operations. Oil prices, on the other hand, have a direct effect to the copper price. This is because oil is used by transportation vehicles used to move copper from one place to another. High oil prices require extra capital; extra capital entails a higher copper price.

Fourth, copper theft is a factor in the rise of copper price. Metal thieves keep an eye on copper. This metal could be valuable to them because scrap yards buy these metals for a high price. Metal thieves burn copper wires in order to eliminate the cover which contains the name of the company that owns those copper wires. Copper theft affects the copper price because it contributes to the growth in the supply and demand for copper.

Price & Time: USD/MXN - Real Deal Or Q4 Misdirection?

Fri, 09 Oct 2015 13:30:00 GMT

USD/MXN closing in on double top trigger...

US Dollar Takes a Dive After FOMC Minutes Depress Rate-Hike Hopes

Fri, 09 Oct 2015 12:43:00 GMT

Stocks are set for their biggest weekly gain in years after yesterday's FOMC minutes sparked risk trends; but USD weakness may be the most attractive development.

USD/CAD Support Vulnerable to Upbeat Canada Employment Report

Fri, 09 Oct 2015 08:00:00 GMT

Another 10.0K expansion in Canada Employment may spur a break of near-term support on USD/CAD as it boosts the outlook for growth and inflation.

Oil, Copper Surge on Upbeat Demand, Low USD; Gold Volatile to Fed Note

Fri, 09 Oct 2015 06:16:00 GMT

Copper rallied amid stockpile drop. Oil jumped $50 on demand forecast. Golds swings followed dovish/neutral gauge of Feds minutes

US Earnings Season Has Begun. Here is What to Watch For

Fri, 09 Oct 2015 04:47:00 GMT

The US corporate earnings reporting season has begun, with results from top firms offering insight into the strength of the economy and market-wide risk appetite.