Copper Prices Surge, Trading Volume Soars
Update: 2025-12-19
Description
Copper Prices on the Rise: A Positive Trend EmergesThe copper market is showing a positive trend, with most contracts seeing an increase in price as of ten AM Eastern Time on Friday, December nineteenth. The March twenty twenty-six contract, a key indicator, closed at five dollars and fifty-three point four zero cents per pound, up by just under ten cents. This contract also saw the highest trading volume for the day, with over thirty-two thousand contracts changing hands. The overall estimated volume for today reached forty-four thousand three hundred and one contracts, slightly higher than yesterdays forty-three thousand four hundred and sixty-five. The open interest, which represents the total number of outstanding contracts, increased by one thousand and five, reaching two hundred and fifty-seven thousand one hundred and thirty-five. This rise in open interest often signals new money coming into the market, suggesting that traders are anticipating further price movements.
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