accredited, with a discount to the price for the product using the LME (London Metal Exchange) “A” Grade
Copper Price. Copper is a chemical element represented by the symbol Cu (from the Latin cuprum) and the
atomic number 29. It is a soft, malleable and ductile metal, with high thermal and electrical conductivity.
Furthermore, it is considered bactericidal due to its effect on microorganisms.
Pure copper has an orange-red color.
Refined copper is preferably used in electrical and thermal applications, because it is a very good conductor
of electricity and heat. It is also used in some metal alloys, such as brass and bronze. The main end market
for refined copper is construction and consumer goods, which account for approximately 58% of global
copper demand. Electrical and electronic products, transport and industrial machinery correspond to the
remaining 42%.
The price of Copper, Gold, Tantalite and Iron Ore is generally determined by the main metal
exchanges: the London Stock Exchange; the Commodity Exchange Inc. (COMEX) of New York,
and the Shanghai Futures Exchange (SHFE). The price of copper fluctuates according to the behavior
of supply and demand; also by the action of financial investors who take positions on the future value of
the metal.
