What are copper market prices based on?

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.

What are copper spot prices?

Copper spot prices are a reflection of the going rate for copper on copper futures contracts. Specifically, the spot prices bear the value of the soonest-expiring futures contracts on exchanges worldwide. In essence, it’s the amount that they draw for immediate payment. Or, more simply, it’s the price to buy the standard amount of metal.

What is bare bright copper?

#1 Copper Bare bright is considered to be a very valuable material and can be sold to scrap yards and dealers at high prices, usually by the pound. ISRI’s Specification Code: BARLEY / BERRY View ISRI’s Scrap Specifications Circular Copper prices fluctuate daily, you can view today’s copper prices here