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  2. LME Copper - Wikipedia

    en.wikipedia.org/wiki/LME_Copper

    LME Copper futures prices are also a part of the S&P GSCI commodity index, which is a benchmark index widely followed in financial markets by traders and institutional investors. Its weighting in these commodity indices give LME Copper futures prices non-trivial influence on returns on a wide range of investment funds and portfolios. Conversely ...

  3. State Reserves Bureau copper scandal - Wikipedia

    en.wikipedia.org/wiki/State_Reserves_Bureau...

    Price of copper 1959-2022 A copper nugget. The State Reserves Bureau copper scandal refers to a loss of approximately US$150 million as a result of trading LME Copper futures contracts at the London Metal Exchange (LME) by rogue trader Liu Qibing, who was the chief trader for the Import and Export Department of the State Regulation Centre for Supply Reserves (SRCSR), the trading agency for the ...

  4. London Metal Exchange - Wikipedia

    en.wikipedia.org/wiki/London_Metal_Exchange

    The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.

  5. Copper Prices Close at $6,000 a Ton on Supply Concerns ... - AOL

    www.aol.com/news/copper-prices-close-6-000...

    Signs of recovery in economic activity and escalating coronavirus cases in Chile triggering concerns of supply shortage are working in favor of copper prices. Copper Prices Close at $6,000 a Ton ...

  6. Metal prices - Wikipedia

    en.wikipedia.org/wiki/Metal_prices

    The London Metal Exchange is an example of a metals exchange where metal is traded as futures contracts providing pricing for defined purity and contract size. The LME Copper contract for example is for delivery of 25 tonnes of Grade A copper cathode at a specified location and priced in United States dollars. This is used to set the price of ...

  7. Copper Prices Gain on Signs of Recovery in US Economy - AOL

    www.aol.com/news/copper-prices-gain-signs...

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  8. Sumitomo copper affair - Wikipedia

    en.wikipedia.org/wiki/Sumitomo_copper_affair

    The scandal also involved Hamanaka's attempts to corner the entire world's copper market through LME Copper futures contracts on the London Metal Exchange (LME). The affair was a major scandal which is at times compared in magnitude to the Silver Thursday scandal, involving the Hunt family's attempt to corner the world's silver markets.

  9. ‘Copper is the new oil,’ and prices could soar 50% as AI ...

    www.aol.com/finance/copper-oil-prices-could-soar...

    "But I go back to the 2000s, I was bullish on oil then as I am on copper today," he added, recalling that crude shot up from $20 to $140 per barrel at the time. "So the upside on copper here is ...

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