Copper is one of the oldest metals used by humans and is an alloying component of bronze, which gave its name to an era of human development, and brass. Since copper is valued primarily for its high electrical and thermal conductivity, it is used today primarily in the construction and electrical industries. Therefore, the level of construction activity in industrialized and emerging countries, such as China in particular, is decisive for demand.
Trade data on Copper
Product symbol: HG
Trade: CME GOUP (CME Globex, CME ClearPort, Open Outcry / New York)
Contract size: 25000 Pounds
Trade price: USD and cents per troy ounce
Minimum trade movement: 0.0005 USD per fine ounce
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