Macro
2025-04-04
The Futures Settlement Price for COMEX Copper is published by the Commodity Exchange Inc. (COMEX). It is an essential indicator for traders and investors as it reflects the market's consensus on the price of copper at the end of the trading day. This price is used to settle futures contracts and provides insights into market trends and future price movements. A higher settlement price indicates increased demand or reduced supply, while a lower price suggests the opposite.
The settlement price is determined by the final trading prices of copper futures contracts on the COMEX. It typically represents the average price of the last few trades or the closing price of the trading session.
The settlement price is updated daily at the end of each trading session on the COMEX.
The Futures Settlement Price for COMEX Copper is published by the Commodity Exchange Inc. (COMEX). It is an essential indicator for traders and investors as it reflects the market's consensus on the price of copper at the end of the trading day. This price is used to settle futures contracts and provides insights into market trends and future price movements. A higher settlement price indicates increased demand or reduced supply, while a lower price suggests the opposite.
The settlement price is determined by the final trading prices of copper futures contracts on the COMEX. It typically represents the average price of the last few trades or the closing price of the trading session.
The settlement price is updated daily at the end of each trading session on the COMEX.