CommoditiesCOMEX/LMEContinuous

Copper

What is Copper?

Price per pound (COMEX) or metric ton (LME) of copper.

Why it matters

Known as Dr. Copper for its economic sensitivity.

How to read prints

When it rises

Industrial demand firm; pro-cyclical signal, often China-led.

When it falls

Industrial demand softening; recession signal in extreme moves.

Frequently asked

Why is copper called Dr. Copper?⌄
Because its broad use across construction, electrification, electronics, and transport makes its price a sensitive gauge of global industrial activity.
What is copper used for?⌄
~45% construction (wiring, plumbing), ~30% electrical / electronics, ~15% transport (EVs use ~3-4x more copper than ICE vehicles), ~10% consumer products.
Where is copper produced?⌄
Chile (~25% of mine supply), Peru (~10%), DRC (~10%), China (~9%), Indonesia, Russia, USA, Australia.
What is the gold-copper ratio?⌄
Gold divided by copper. Rises in growth scares (gold up, copper down). Used as a real-time risk-off indicator.

Track it on Market Ontology

Monitor Copper in real time on Commodities Intelligence, alongside regime classification, transmission mapping, and cross-asset context.

SourceCOMEX/LME
FrequencyContinuous
CategoryCommodities
FRED SeriesPCOPPUSDM
UnitUSD/lb
Related ModuleCommodities Intelligence

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