Copper Extract

Copper Extract

Copper is the third metal in the world in terms of usage, in the ranking after iron and aluminum. And is used mainly in the cyclical economic sectors such as construction and machinery manufacturing. Extracting lucrative of the metal on the low-cost mining techniques and is able to extract large amounts. The supply of copper sensitive to the political situation, especially in the countries in which they are extracting copper by state-owned companies. Uses most of the participants in the copper futures market for high-quality copper branch trading Commodities Exchange (COMEX), to mitigate risks arising from price fluctuations, copper contracts are also used as a means of investment.

Copper metal retractable, and enjoy the ability to deliver a very high heat and electricity. And pure copper metal malleable and malleable, uses thermal and electric conduit, and as a building material, and as part of the components of the mixed metal alloys. It uses copper and alloys mixed enters in the manufacture thousands of years ago. In the Roman era, the main copper mines located in Cyprus, and it is the origin of the name metal Cyprium or metal Cypriot, which was later shortened to Cuprum.

However, the existing reserves may not be sufficient to meet the high rates of copper consumption now. Still some countries, such as Chile and the United States has large reserves of this metal, are extracted from a large open mines. Extracting lucrative of the metal on the low-cost mining techniques and is able to extract large amounts, and the supply of copper is sensitive to the political situation, especially in the countries in which they are extracting copper by state-owned companies. Uses most of the participants in the copper futures market for high-quality copper branch trading Commodities Exchange (COMEX), to mitigate risks arising from price fluctuations, copper contracts are also used as a means of investment.

Factors affecting the copper market.

What affects the price of copper? There are many factors that affect the price of copper, including the seasons of the year, and investor and speculator confidence, inflation and fluctuations in the price of the U.S. dollar and U.S. equities, and political crises and international military, and increase the prices of other commodities or lower.

It is important to realize that the trading of industrial and agricultural goods carries many other factors that can lead to fluctuations in prices. Wars, weather, labor disputes could lead to a delay in the transport and consequently affect the prices on a daily basis