COMEX Inventory: Copper
Macro
2025-04-03
Description
The COMEX Inventory: Copper is reported by the Commodity Exchange Inc. (COMEX), a division of the New York Mercantile Exchange (NYMEX). This indicator tracks the amount of copper available in COMEX-approved warehouses. It is used to gauge supply levels and market sentiment in the copper market. Higher inventory levels can indicate surplus supply, potentially leading to lower prices, while lower inventory levels can indicate scarcity, potentially leading to higher prices.
The inventory levels are calculated based on the physical amount of copper stored in warehouses approved by COMEX. These warehouses report their inventory levels to COMEX, which then aggregates the data.
The data is updated daily, providing the most recent inventory levels as reported by the warehouses.
Published by
COMEX (Choice)
Frequency
Daily
Next Update
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- NYMEX: Energy Futures - WTI Crude Oil
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- Lithium Fluoride (LiF): Battery Grade: Reference Price
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Description
The COMEX Inventory: Copper is reported by the Commodity Exchange Inc. (COMEX), a division of the New York Mercantile Exchange (NYMEX). This indicator tracks the amount of copper available in COMEX-approved warehouses. It is used to gauge supply levels and market sentiment in the copper market. Higher inventory levels can indicate surplus supply, potentially leading to lower prices, while lower inventory levels can indicate scarcity, potentially leading to higher prices.
The inventory levels are calculated based on the physical amount of copper stored in warehouses approved by COMEX. These warehouses report their inventory levels to COMEX, which then aggregates the data.
The data is updated daily, providing the most recent inventory levels as reported by the warehouses.