Copper Market

2010-03-11 - 

Copper today - Big Fat Greek Bail Out

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Greece at the brink of state bankruptcy? The markets at least are judging Greece's mountain of debt with increasing scepticism and accordingly the Euro was under significant pressure against the US dollar. The looming wave of speculation against the single currency will force the core Euro countries to help Greece. Against this background, copper and the Euro were able to recover slightly and the readiness of investors to accept risk is again on the rise. No wonder! If Greece receives a bail-out, it will not deny the needs of banks and bonds. When enough is at stake and the institution involved is relevant to the system, all will be [...]

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2009-11-09 - 

Make new out of old! - Copper recycling at Synflex

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In addition to our experience relating to trading and processing copper cathodes, we at Synflex's own copper expert team are also your contact when it comes to recycling copper.The peculiarity of copper as a metal is that it is possible to recycle almost 100% of it. Recycled copper has the same quality as the primary raw material. Recycling copper means protecting natural resources and saving energy. This gives copper an unbeatable eco-balance when compared with other recycled materials.Synflex is happy to take on this responsibility for the environment. Via our copper trading we offer each customer tailor-made solutions for handling [...]

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2009-10-12 - 

Copper at the moment - Scarcity starts in the ground

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Copper concentrations are scarce. So scarce that the melting fees in the spot market have already fallen to $20/t. If you believe the forecasts of BHP Billiton this is only the start of a long lasting development. According to the mining group, annual cathode demand will rise by 3-4% globally and 6% in China up to 2020. This is lit up by urbanisation, electrification and expanding the networks required. According to current forecasts the market may lack up to 10 million tonnes of copper. This corresponds to around 10 very large mines that are not yet even in sight and commissioning them will take several years once you have fought [...]

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2009-07-31 - 

New for old! Copper recycling at Synflex

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Apart from our experience in trading and processing copper cathodes the Synflex team of copper experts is also your contact for copper recycling. Copper can be recycled at almost 100 %, retaining the quality of the primary material. Recycling copper preserves natural resources and saves energy. Among recycled materials copper’s eco-balance is unbeaten. Synflex is attending to the responsibility when it comes to our environment and offers customized solutions for handling copper scrap. Our services do not only include organizational and logistic processes, like warehousing or collecting scrap copper, but also the advisory [...]

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2009-06-15 - Copper Newsmore


2009-06-06 - Synflex Workshopmore


Official Copper Quotation of the London Metal Exchange (LME)

Year 2010 Settlement [USD] 3 Months [USD] upper DEL [EUR] Reuter FX1 EUR/USD
ø January  7,386.25 7,412.03 531.68 1.4245
ø February  6,848.18 6,872.45 515.47 1.3654


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