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Future Price (Rs) Change%
Cardamom
23-APR-14
9761.26
Cardamom
23-APR-14
1004.31.19
COPPER1KG
23-APR-14
410.55-0.11
Crude oil
23-APR-14
6212-0.21
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Commodity profile - COPPER1KG
Latin Name
General characterstics
Copper is a reddish-colored metal, with high electrical and thermal conductivity. Copper color reflects red and orange light and absorbs other frequencies in the visible spectrum, due to its band structure.
Copper is malleable and ductile, a good conductor of heat and, when very pure, a good conductor of electricity. Major copper-consuming nations are Western Europe, the United States, Japan, and China.
The largest international sources for scrap are United States and Europe. Major exporters are Chile, Indonesia, Canada, and Australia. Major importers are Japan, Spain, China, Germany and Philippines.
Uses
Copper is used in electronics in the form of wire, electromagnets, printed circuit boards, electrical machines, especially electromagnetic motors, generators and transformers, electrical relays, electrical bus bars, electrical switches, vacuum tubes, cathode ray tubes, and magnetrons in microwave ovens.
Market moving factor
1.Copper prices in India are fixed on basis of previous day's rates on the London Metal Exchange.
2.Copper production through mines, exploration of new mines, and expansion of existing mines influences prices.
3.Macro economic factor such as currency rate, interest rate etc. affects copper market
4.Growth and development of infrastructures sectors can influences the prices of copper because copper used in building, electronics and electrical industry.
 
 
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