Micro Copper Futures Contract

One tenth the size of the Copper futures contract, the mini contract is a cash settled futures contract on one of the most widely traded base metals. As the third-most used metal, it is prevalent in construction, circuitry, consumer and industrial products. The production and use of copper has been steadily growing for nearly 10,000 years. As a relatively low-cost, malleable, optimal conductor of heat and electricity, copper is seen as an important indicator of the health of the global manufacturing sector and the world economy.

Source: CME Group

The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.