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Copper Price (London Metal Exchange)

Copper Price (London Metal Exchange) refers to the current cost of copper as determined by the LME, a major global marketplace for metals. This price fluctuates based on supply and demand factors such as mining output, economic activity, and global trade. Investors, industries, and governments watch this price closely because copper is essential for manufacturing electronics, construction, and transportation. The LME sets the benchmark price through daily trading sessions, providing a transparent and standardized reference point for buying, selling, and hedging copper worldwide.