What factors influence the price of copper?

There are a few key influences when it comes to copper prices. It’s not a simple science, and predictions can only go so far. The major factors contributing to copper prices are supply and demand, economic growth, inflation, and the value of the dollar. As with most investments, supply and demand dictates in large part how copper prices move.

What is the current price of copper?

Copper is currently priced at $ 3.83 per lb. You can see historical information on copper prices and the metal’s year-to-date performance at the top of the page. Why are copper prices different on exchanges? Different exchanges and brokers list different live copper prices because of several reasons.

Why do copper prices differ on different exchanges?

Different exchanges and brokers list different live copper prices because of several reasons. In the case of exchanges, the market maker and data provider may be different. For example, the Copper Futures price on Comex is different from what you see on the London Metal Exchange ( LME ).

How do copper prices fluctuate?

The major factors contributing to copper prices are supply and demand, economic growth, inflation, and the value of the dollar. As with most investments, supply and demand dictates in large part how copper prices move. Mine outputs, while increasing in some areas, may decrease in others as they each exhaust their copper supply.