Why are copper futures prices different on COMEX?

For example, the Copper Futures price on Comex is different from what you see on the London Metal Exchange ( LME ). Currency conversions also impact the copper price quotes shown. In the case of brokers and copper derivatives, the spread charged on the copper instrument may also contribute to the price difference.

What are the top copper stocks?

These resources position them to capitalize on the industry's growth. Top copper stocks include: Data sources: Ycharts, Southern Copper, and Teck Resources. Data current as of September 15, 2023. Here's a closer look at these five leading copper company stocks. 1. BHP Group BHP Group is a leading global natural resource producer based in Australia.

Should you invest in copper stocks?

However, while many companies produce copper, only a few can expand their copper production because they have reserves and commercially viable expansion projects. These resources position them to capitalize on the industry's growth. Top copper stocks include: Data sources: Ycharts, Southern Copper, and Teck Resources.

How can speculators predict future copper prices?

Speculators should pay close attention to trends in this market for clues about future copper prices. Political, environmental, and labor issues can have a big impact on copper prices. South America supplies a significant amount of copper, particularly Chile and Peru.