How much is raw copper worth per pound
Not financial advice: As a commodity, the price of copper will fluctuate. As of September 19, 2012, grade A cathode copper sold for $8,441.50 per metric ton or $3.829 per pound.
Grade A Cathode copper is the product of taking mined and crushed slurry and extracting its copper content to a purity of 99.9% copper.
By September 21, the price of copper found on September 19 had begun to settle slightly. The philosophy behind the stall in the metal’s steady rise in value is that it may have exceeded its actual value. The copper price rally has cooled and the market is adjusting to accommodate for overenthusiastic valuation during copper’s rise.
Updated on Friday, September 21 2012 at 04:41PM EDT
Source:
www.indexmundi.com/...
Collection:
financial adviser
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