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Copper Scrap Price Predictions [JULY-15-21]

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by - 7/13/2021 1303 Views

Predicting the Prices of Copper Scraps such as Brass Scrap, Copper No.1 US, Copper No.2 US, Hard Brass Scrap, Copper No.1 Canada, Copper No.2 Canada, Copper No.3 Canada, Copper Radiators Scrap and Sheet Copper

By analyzing the correlation between the Copper base metal and Copper Scrap over the past ten years (2011-2021) based on COMEX EOD (End of Day) of primary Copper prices, we have predicted the prices of Brass Scrap, Copper No.1 US, Copper No.2 US, Hard Brass Scrap, Copper No.1 Canada, Copper No.2 Canada, Copper No.3 Canada, Copper Radiators Scrap, and Sheet Copper for July 15th, 2021. This will provide valuable insights to Scrap Copper producers, traders, exporters, importers, and copper recycling companies.

Predicted Value of Copper Scrap Price from Base Metal Copper Price

 

Brass Scrap Predicted Price

                    1.93

Copper No.1 US Predicted Price

                    3.74

Copper No.2 US Predicted Price

                    3.38

Hard Brass Scrap Predicted Price

                    3.10

Copper No.1 Canada Predicted Price

                    4.61

Copper No.2 Canada Predicted Price

                    4.39

Copper No.3 Canada Predicted Price

                    4.33

Copper Radiators Predicted Price

                    2.58

Sheet Copper Scrap Predicted Price

                    3.01

 

Graphical Representation for Copper Base Metal Price

 

 

With the Linear Regression and Granger's Causality techniques of accuracy over 96%, we have calculated the prices of Copper Scraps for 15th July. RIM research team, with the help of our AI wing, continues research on Copper Scrap prices, and we will update it here as and when we get sustainable results. Subscribe for Current Copper Scrap Prices and Base Metal Prices.

Category : General

Tags : Copper, Copper Scrap Price, Copper Base Metal Price


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About Jenisha Rajakumar

I'M a Research Analyst and Content Creator at RIM. Currently I'm researching on Copper Prices around the Globe and the impacts on Copper Scrap Prices with regard to COMEX, LME, SHFE and MCX. .... more info

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