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Copper Scrap Price Prediction - US [Sept-23-21]

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by - 9/22/2021 605 Views

Copper Prices on Tuesday (Sept-21-21) traded at $4.1125 per pound in the CME Futures

Our RIM research team has been researching Copper Scrap prices for more than a year. For the past two months, we have been in the process of predicting the US Copper Scrap prices. Our research has gone successful and we have predicted the Copper Scrap prices with the difference value of 0.5 to 2%.

Using Linear Regression research models, we have predicted the prices of Copper Scraps (September 23, 2021) such as Copper No.1 US, Copper No.2 US, Hard Brass Canada, Copper No.1 Canada, Copper No.2 Canada, Copper No.3 Canada, Copper Radiators Canada, and Sheet Copper Canada. Copper Scrap Price predictions will provide valuable insights to Copper Scrap producers, traders, exporters, importers and Copper recycling companies.

Predicted Value of Copper Scrap Price from Copper Base Metal Price

Copper Scrap Price Prediction - US (Sept 23, 2021)

          Graphical Representation of Copper Base Metal Price

Current COMEX-Copper-Price-US-Prices

The COMEX (US Metal Exchange) - Copper prices dropped on Tuesday and traded at $4.1125/lb. in the CME futures.

Copper prices slipped on Tuesday to one-month lows as China stepped up restrictions on industrial activity and fears about the collapse of the country’s largest property developer intensified. "Copper prices are falling in sympathy with risk-off trading and weak sentiment because of Evergrande," said Giles Coghlan, analyst at broker HYCM.

Copper prices in September slipped 0.29% from the previous settlement price, touching $4.1125 per pound (Sept-21-21) on the COMEX market in New York.

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.

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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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