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Copper Scrap Price Prediction – US (NOV-03-21)

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by - 11/2/2021 551 Views

As of Today, Copper Price traded at $4.39 per pound in the CME Futures.

Copper Scrap Price prediction benefits to Copper Scrap recyclers, manufacturers, traders, exporters and importers. Using Ordinary Least Square (OLS), Linear Regression and Granger's Causality research models, our RIM research team has predicted the Copper Scrap price for the 3rd of November 2021.

Our RIM research team have predicted the Copper Scrap prices of Copper Scrap such as No.1 Copper Scrap - US (ISRI Code BARLEY), No.2 Copper Scrap - US (ISRI Code BIRCH), Hard Brass Scrap - US (ISRI Code EBONY), No.1 Copper Scrap - Canada, No.2 Copper Scrap - Canada (ISRI Code BIRCH), No.3 Copper Scrap - Canada, Copper Radiators Scrap (Canada), and Sheet Copper Scrap - US (ISRI Code DREAM).

Predicted Value of Copper Scrap Price from Copper Base Metal Price

Copper Scrap Price Prediction - US (Nov-03-21)

Graphical Representation of Copper Base Metal Price

COMEX Copper Price Today

Today’s Copper Scrap Price in the USA and Canada is

No.1 Copper Scrap Price (US): 3.93 USD/lbs

No.2 Copper Scrap Price (US): 3.35 USD/lbs

Sheet Copper Scrap Price (US): 3.11 USD/lbs

No.1 Copper Scrap Price (Canada): 4.85 CAD/lbs

No.2 Copper Scrap Price (Canada): 4.53 CAD/lbs

No.3 Copper Scrap Price (Canada): 4.45 CAD/lbs

And Copper Price also hit New-Highs in Oct 2021

COMEX Copper Price (US): 4.39 USD/lbs

To get Copper Scrap Price and Copper Price instantly, subscribe for US Scrap Prices and Canada Scrap Prices.

Copper Price in the US Today

The COMEX (US Metal Exchange) - Copper Price on the 2nd of October is trading at 4.39 per pound. After hitting a record high on Oct 15 ($4.73 per pound), Copper Price keep falling due to slowdown in Chinese economic growth and raising mine supply. “Bearish macro drivers will dominate the Copper market next year – a slowdown in Chinese growth and rising mine supply,” UK independent analyst Robin Bhar said.

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Category : General

Tags : Copper, Copper Scrap, Copper Scrap Price, Copper Scrap Price Predictions - US

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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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