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Copper is a highly conductive, durable and recyclable metal crucial to electrical systems, construction and green technologies like electric vehicles (EVs) and renewable energy infrastructure.
LME Copper benefits
Unparalleled liquidity and market depth: Tradeable out to 10 years, LME Copper enables physical and financial participants to accurately hedge and take a view on supply and demand dynamics. In 2024, over 165,000 lots were traded on average every day.
Global warehouse network: settlement via physical delivery across 400 warehouses in 34 global locations underpins the contract.
The global reference price: the LME Official Price is the global benchmark price for copper and used as indexation in primary and secondary copper contracts as well as in hedging transactions.
Key contract information
Lot size: 25 tonnes
Price quotation: US$ per tonne
Contract code: CA
Settlement type: physical
View full contract specifications
Stock breakdown report
Monthly averages report
Commitment of traders report (COTR)
Off-warrant stock reporting
Education
If you're new to the LME, the education materials below can help you understand our market.