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Daily Copper Scrap Price Predictions [July-30-21]

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by - 7/29/2021 675 Views

We have predicted the Copper Scrap prices for July 30th, 2021

Examining the interdependence between the Copper base metal and Copper Scrap over the past ten years (2011-2021), we have predicted the Copper Scrap prices for July 30th. This will provide valuable insights to Scrap Copper producers, traders, exporters, importers and Copper recycling companies. We have calculated the prices of Copper Scraps such as Copper No.1 US, Copper No.2 US, Hard Brass, Copper No.1 Canada, Copper No.2 Canada, Copper No.3 Canada, Copper Radiators, and Sheet Copper. For predicting the Copper Scrap prices, the research methods we used are Ordinary Least Square (OLS), Linear Regression, and Granger's Causality.

Predicted Value of Copper Scrap Price from Base Metal Copper Price

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Graphical Representation of Copper Base Metal Price

The Linear Regression model predicts the Copper Scrap prices with an accuracy of over 98%. Our RIM research team continues the research on Copper Scrap prices and, we will update it here. Subscribe for RIM Scrap Price Access and Current Copper Scrap prices.

For a complete list of Copper Scrap ISRI Codes, please click here or visit our ISRI Codes Section.

Please visit our Copper Scrap Price section to know about detailed Scrap Copper prices of US, Chinese and Japan.

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Category : General

Tags : Copper, Copper Scrap, Copper Scrap Price, Copper Scrap Price Predictions


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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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