Description
The LME Futures: London Copper CFD (CAD) Closing Price is published by the London Metal Exchange (LME). It represents the final trading price of copper futures contracts denominated in Canadian Dollars (CAD) at the end of the trading day. This indicator is commonly used to gauge the market sentiment and price trends in the copper market, which is essential for industries relying on copper as a raw material. Higher closing prices can indicate increased demand or supply constraints, while lower prices may suggest reduced demand or oversupply.