Copper Prices Plummet on COMEX
Update: 2025-12-31
Description
Copper prices on COMEX exchange plummet, with contracts from January to December dropping between 8-12 cents per pound. Active March contract settles at $5.66, down 12.05 cents, while May contract falls to $5.7185, off 11.80 cents. Volumes are lighter, with estimated total futures at 25,502 contracts, compared to Tuesdays 59,321. Open interest increases by 1,882 positions. Traders view this dip as a sign of cooling demand, but coppers role in construction and manufacturing warrants close monitoring. Checkout Solipillow.com
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