🌐 LME International Copper Price
As on
💰 Current LME Price:
10715.50 / ton
3-Month Closing Price (Day-Delayed)
LME (London Metal Exchange) Copper rate is the global benchmark price used for trading copper internationally. The rate impacts global trade, industrial pricing, production costs, and market forecasts. Fluctuations in LME copper price influence economies that rely on copper export or import.
🔧 Global Uses of Copper
- Electricity transmission and distribution
- Construction (wiring, plumbing)
- Electronics (PCBs, smartphones, motors)
- Transport (cars, electric vehicles, trains)
- Industrial equipment and machinery
🧱 Copper Raw Materials
- Copper Ore (Chalcopyrite, Bornite)
- Copper Concentrate
- Scrap Copper
- Blister Copper
🌍 Copper Import & Export Impact
Countries like China, USA, Germany, and Japan are top consumers of copper. Chile, Peru, and DRC are top exporters. When LME rates increase:
- Production costs for electronics and construction increase
- Developing countries pay more to import raw copper
- Exporters gain more revenue but face shipping/logistics pressures
📐 Copper Specifications (International Standard)
- Purity: 99.90% (Grade A Copper)
- Shape: Cathodes, Rods, Wires
- Weight: ~125kg per cathode sheet
- Melting Point: 1085°C
- Electrical Conductivity: Excellent