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Copper Trading
Defined and Explained
Copper
trading continues to be an important foundation for
manufacturers and
traders alike.
Economic,
technological, and societal factors influence the supply and
demand for copper. In the last 100 years,
industrial demand for refined copper has
increased twenty fold.

More developed regions of the world use copper
as an important component of their infrastructures. But as less
developed regions expand their infrastructures, copper
is helping form the building blocks required to
increase living standards.
Copper Trading
Copper
is traded on three commodity exchanges: The London Metal
Exchange (LME), the Commodities Exchange Division of the New
York Mercantile Exchange (COMEX/NYMEX), and the Shanghai Metal
Exchange (SHME). On the LME, copper is traded
in 25-ton lots and quoted in US dollars per ton. On COMEX,
copper is traded in lots of 25,000 pounds and
quoted in US cents per pound. On the SHME, copper
is traded in lots of 5 tons and is quoted per ton.
Copper trading
software
Ask any
copper trader, producer or general investor what
trading tools or types of financial analysis he is using to
track
copper
prices and you're probably going to hear a list of
different technologies and methods. However, having the
right tool for the job is important.
Trading software can be used to boost an existing
approach by supplying an inter-market perspective. The key to a
copper trading system is its ability to
forecast moving averages.
One of the better copper trading software
products is VantagePoint trading software.
This software can help “see” what is likely to happen in
the copper market before other traders (using
only single-market analysis) catch wind of it.
Copper News
Copper
trading is covered in all major newspapers and
publications.
Copper mining companies follow trading closely
and are excellent sources of information.
There are multiple industry-related websites including
Copperinfo.com, and coppernews.com that give relevant data for
the Copper trader.
Copper History
The discoveries
and inventions in the late 18th and early 19th Centuries by
Ampere, Faraday, and Ohm propelled copper into
a new era. Demonstrating excellent electrical conducting and
heat transfer characteristics, copper played a
pivotal role in launching the Industrial Revolution.
Archeologists have recovered a portion of a water plumbing system in Egypt. A
copper frying pan at the
University
of Pennsylvania's
museum has been dated to be more than 50 centuries old.
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